Test Your Tax IQ:
Can You Deduct More
Than One Business Vehicle
To get my complete, FREE article
with all the details…
Come on down!
Behind one of these four doors is important information about deducting more than one business vehicle.
Take this short test and see how much you know and what the tax law says.
Behind the right door is the answer to this important question…
Can “Mel” find additional tax deductions by
driving both his and “Sharpe’s” car for business?
Which is the correct answer? Choose one.
A. No, because taxpayers can deduct only one business vehicle at a time.
B. No, because you can’t correctly log business mileage if you use more than one vehicle for business.
C. Yes, as long as Mel drives more miles than Sharpe and the adjusted tax basis of both cars is roughly the same.
D. No, if he uses IRS mileage rates to claim his deductions.
Please note: My answers will be very detailed and offer information you really need to know
Don’t miss them!
CLICK HERE and read my completely new article titled:
“Test Your Tax IQ:
Can You Deduct More”