rbynaker
Level 14
04-26-2020
07:33 AM
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@lptax wrote:2. Used 80% of the time for business
Maybe there's more than one way to do this correctly, but how does a corporation have 80% business use of a vehicle? I've always done 100% business use and included any personal use in the employee/owner's W-2 as a taxable fringe benefit.