Terry53029
Level 15
Level 15

It is still confusing, If a TP used the standard mileage the first year, then switched to actual expense the next year (taking MACR's) he would not be allowed to switch back to standard according to pub 463. It says You can’t use the standard mileage rate if you: One of the reasons is taking MACRS, and if a TP used expenses he would most likely use MACRS to deprecate.

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