abctax55
Level 15

"....If you use the standard mileage rate you must stick to it for the life of the car".

@Italiantaxman 

The above statement is not true - using the SMR & straight line depreciation in the year the vehicle is placed in service allows one to use actual in the future for that vehicle.

Using actual expenses in the year the vehicle is placed in service means one must continue to use actual expenses for that vehicle in future years.

"*******Tax software is no substitute for a professional tax preparer*******
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