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Taking Standard Mileage-Method of Depreciation?

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    Taking Standard Mileage-Method of Depreciation?

    Client took standard mileage deduction for his truck over a few years and then sold it at a profit. What method of depreciation has he considered taken? S/L? the 4797 form asks for it.

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    Standard mileage depreciation

    The Tax Book, Tab 10, Page 10-1 and 10-5. Yes Straight line.

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