My client takes a deduction for actual expenses associated with the business use of her automobile, but the percentage of business use varies each year. Is it appropriate (or advisable) to change the percentage of business use each year on the asset entry worksheet? Thanks for any input offered.
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If you enter the actual mileage info, the percentages should change automatically.
If you enter the actual mileage info, the percentages should change automatically.
You're absolutely right. That's from the Car & Truck worksheet. Thanks you!
How about another type of asset - say a boat that's used for a charter business?
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