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Used leased car for work (visiting RN) How do I figure percentage of allowable expenses and allowable motor vehicle expenses?
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Used leased car for work (visiting RN) How do I figure percentage of allowable expenses and allowable motor vehicle expenses?
The percentage for business use is determined by the total km driven for work and the total km driven in total for the year. Once you enter both of these figures into TurboTax, the appropriate percentage of each vehicle expense will be claimed.