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Jose purchased a vehicle for business and personal use. In 2022, he used the vehicle...

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Accounting

Jose purchased a vehicle for business and personal use. In 2022, he used the vehicle 15,000 miles (80% of total) for business and calculated his vehicle expenses using the standard mileage rate (mileage was incurred ratably throughout the year). He paid $1,350 in interest and $130 in property taxes on the car.

Required:

Calculate the total business deduction related to the car for Schedule C and Schedule A

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