Depreciation On Mileage On 2024. If you use your car for business, charity, medical or moving purposes, you may be able to take a deduction based on the mileage used for that purpose. Depreciation limits on cars, trucks, and vans.
For 2023, the standard mileage rate for the cost of operating your car, van, pickup, or panel truck increased to 65.5 cents a mile. The conference board consumer confidence indexยฎ.
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