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Depreciation - Mileage Rate

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    Depreciation - Mileage Rate

    For 2009, how much is the depreciation element in the standard mileage rate?

    The depreciation per mile cannot be used for a piecemeal deduction calculation, but is used to calculate basis.

    Thanks, Snag

    #2
    Depreciation-Std Mileage Rate

    It is .21 cents for 2008-2009. This is the depreciation included in standard mileage rate. 2010 is yet to be announced.

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