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January 4, 2020
Question

De minimis and car purchase

  • January 4, 2020
  • 1 reply
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I bought a used car for my business in 2019. The business percentage use of the car is approximately 27% and less than $2500. Can I use de minimis election to expense the business portion of auto purchase or do I have to depreciate?

    1 reply

    January 4, 2020

    Duplicate post.