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Jeremy uses his car for business purposes approximately 8 0 % of the time. He is a well - organized person and keeps records of
Jeremy uses his car for business purposes approximately of the time. He is a wellorganized person and keeps records of actual expenses and mileage incurred during the year. To deduct his vehicle expenses correctly, he needs to better understand which deductions are the most beneficial. Which of the following statements describes what would be the most beneficial deduction for Jeremy on his tax return?
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