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Old 02-08-2008, 12:23 PM   #5 (permalink)
Fkatz
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Re: Depreciation or Standard Mileage Deduction

Terry,

If they go off lease then they cannot take the standard mileage rate and be protected,

If the carrier that they are lease with pays them after they take the load under there insurance then it would be considered mileage rate,




but if they recieved a separate 1099 from the broker using there own authority, they might be RED FLAGED FOR A DENFINTE AUDIT.


Frank
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