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Calculate the total business deduction related to the car

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Reference no: EM131891078

Question - Jose purchased a vehicle for business and personal use. In 2016, he used the vehicle 19,500 miles for business (80% of total), and calculated his vehicle expenses using the standard mileage rate (mileage was incurred ratably throughout the year). He paid $1,750 in interest and $170 in property taxes on the car. Calculate the total business deduction related to the car.

Reference no: EM131891078

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