Expedite Trucking Forums - View Single Post - Depreciation or Standard Mileage Deduction

dhalltoyo · 02-04-2008, 10:33 PM

Dear Frank,

Is there a rule of thumb regarding which is the better way to go?

I bought a 2008 van in August and I only had about 33,000 miles for 2007.

Which method will reduce my tax liability the most.

02-04-2008, 10:33 PM	#1 (permalink)
dhalltoyo Moderator Join Date: Jan 2006 Location: Moraine, Ohio, USA. Rating: Posts: 1,178	Depreciation or Standard Mileage Deduction Dear Frank, Is there a rule of thumb regarding which is the better way to go? I bought a 2008 van in August and I only had about 33,000 miles for 2007. Which method will reduce my tax liability the most. __________________ If you make people think they're thinking, they'll love you; But if you really make them think, they'll hate you. -- Don Marquis The Good Test ----When Disaster Strikes----Christian Truckers