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Department of the Treasury Internal Revenue ServicePublication 587Contents Future Developments. . . . . . . . . . . . . . . . . . . . . . . 1 Reminders. . . . . . . . . . . . . . . . . . . . . . .
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What is business use of your?
Business use of your refers to the percentage of time a vehicle is used for business purposes.
Who is required to file business use of your?
Individuals and businesses who use vehicles for business purposes are required to file business use of your.
How to fill out business use of your?
To fill out business use of your, one needs to track the mileage driven for business purposes and calculate the percentage of total mileage that is business-related.
What is the purpose of business use of your?
The purpose of business use of your is to determine the tax-deductible expenses related to the business use of a vehicle.
What information must be reported on business use of your?
The information that must be reported on business use of your includes total mileage, business mileage, and the percentage of business use.
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