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@IRonMaN wrote:

The correct road to follow is to report 100% of the costs on the Corp return and the value of the personal use goes on the employee’s W-2.

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I agree that is the correct way.  But how do the deductions work for the corporation?  If it deducts 100% of the vehicle cost AND deducts wages, isn't that double deducting a non-business expense?  One of those are offset by the taxpayer reporting it as income (on the W-2), but then the net result is deducting a personal expense.

Hmmm.