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Updated over 5 years ago,
Am i able to claim a vehicle during tax season?
Im about to buy a 2nd property with plans of expanding further. Im going to be setting up a business account to separate my personal expenses. If i were to buy a truck to help with the business im building but still use it for personal use can i partially claim it during taxes?
Also how does tax season work once i have a business account? Will i receive a separate tax return or will it be bundled with my other taxes? The business account is going to be set up with my social security number.