sasaja
Sep 23, 2009, 02:01 PM
Hi All,
I had business income last year in 2007 (Schedule C) so I took the auto actual expense deduction. In the current year I do not have the business income but I have the rental income where I can take the auto expenses in Schedule E. I want to know if I can take the standard mileage since it is not for the same business anymore?
Please let me know.
Thanks,
I had business income last year in 2007 (Schedule C) so I took the auto actual expense deduction. In the current year I do not have the business income but I have the rental income where I can take the auto expenses in Schedule E. I want to know if I can take the standard mileage since it is not for the same business anymore?
Please let me know.
Thanks,