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Jose purchased a vehicle for business and personal use. In 2014 he used the vehicle 11,000 miles (60%) for business and calculated his vehicle expenses
Jose purchased a vehicle for business and personal use. In 2014 he used the vehicle 11,000 miles (60%) for business and calculated his vehicle expenses using the standard mileage rate (mileage was incurred ratably throughout the year). He paid $1,700 in interest and $220 in property taxes on the car. Calculate the total business deduction related to the car:
Total Deduction for Schedule C and Schedule A
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