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Old 01-13-2011, 11:12 AM
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TomCopeland TomCopeland is offline
Business Author/Trainer
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 3,034
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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