Which of the following statements determine whether your company can use the standard mileage rate for...
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Which of the following statements determine whether your company can use the standard mileage rate for its vehicles as a deduction on its tax return? Select all answers that apply: A. The vehicle has been expensed. B. The vehicle has been depreciated. C. The vehicle is over 5 years old. D. The vehicle will be sold this year. E. The vehicle is part of a fleet of vans. Which of the following statements determine whether your company can use the standard mileage rate for its vehicles as a deduction on its tax return? Select all answers that apply: A. The vehicle has been expensed. B. The vehicle has been depreciated. C. The vehicle is over 5 years old. D. The vehicle will be sold this year. E. The vehicle is part of a fleet of vans.
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