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During the current taxable year Marcos used a vehicle in his name for his business selling cell phone accessories. Use the vehicle 40% for business.
During the current taxable year Marcos used a vehicle in his name for his business selling cell phone accessories. Use the vehicle 40% for business. The vehicle cost you $ 50,000 and was purchased on January 1, 2019. How much can you deduct for vehicle depreciation?
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Accounting An Introduction
Authors: Eddie McLaney, Dr Peter Atrill, Eddie J. Mclan
5th Edition
0273733206, 978-0273733201
