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Frank purchased a vehicle for business and personal use. In 2018, he used the vehicle 70% for business (11,400 business miles incurred equally throughout the
Frank purchased a vehicle for business and personal use. In 2018, he used the vehicle 70% for business (11,400 business miles incurred equally throughout the year) and calculated his vehicle expenses using the standard mileage rate. Frank also paid $1,700 in interest and $500 in county property tax on the car. What is the total business deduction related to business use of the car?
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