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| Depreciation Adjustment for Standard Mileage Rate |
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| If if you take the standard mileage deduction on your taxes, when you dispose of the vehicle, you will need to make an adjustment to your basis. You will need to reduce your basis by the number of business miles each year times the per mile depreciation adjustment. The table below provides you with the applicable numbers since 1988. | ||||||||||||||||||||||||||||||||||||||||
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