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re: Car Expenses

Posted on 3/5/14 at 1:38 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37333 posts
Posted on 3/5/14 at 1:38 pm to
If you ever want to use mileage rules on vehicle, it must be used in the first year. Beyond that, you can choose whatever method gives you the better deduction.
Posted by Ford Frenzy
337 posts
Member since Aug 2010
6876 posts
Posted on 3/5/14 at 1:42 pm to
I think you can use mileage after the first year as long as you used straight line depreciation in prior years.
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