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Old 01-13-2011, 11:12 AM
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TomCopeland TomCopeland is offline
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Join Date: Jun 2010
Location: St. Paul, Minnesota
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Default car Expenses

No, you can't claim a percentage of your van payment, but you can claim a percentage of the loan interest. If you use the actual expenses method of claiming car expenses you can claim depreciation on the van. You can't claim vehicle insurance unless you use the actual expenses method (not the standard mileage method).
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