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This video discusses the tax deduction limitations for vehicles leased through a business. Business owners can lease vehicles under their business name, but certain deduction limits apply at tax time. There are two main limitations: 1. **Business vs. Personal Use Limitation**: If a vehicle is used for both business and personal purposes, the total lease payment cannot be fully deducted. Only the portion related to business use is deductible. For instance, if a business owner uses a vehicle 75% for business and 25% for personal use, only 75% of the lease payment is deductible, while the 25% for personal use is a non-deductible expense. The video aims to clarify these tax implications for business vehicle leases.