asked

I purchased a heavy vehicle at the end of 2023 and depreciated approximately 80% of the cost. I claimed 90% business use for 2023, but this was for only one week of use. In 2024 and following years, since only 20% of the depreciation remains to be taken, what would happen if the business use percentage of the vehicle drops to 60%? How would the IRS respond to seeing the business use percentage drop?

November 20th, 2023

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