How to Depreciate A Car for Taxes?

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Published on:   1 year 3 months ago Written By - nik jones

When a company places a fixed asset in service for multiple years, it cannot be expensed in a single period but must depreciate the asset’s value over time and charge related cost allocation to depreciation expense.

Resource URL: https://www.bigxperts.com/file-my-taxes/depreciate-a-car-for-taxes/

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35.37329, -119.01871
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nik jones
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