LO2 Cassandra owns her own business and drives her van 15,000 miles a year for business and

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LO2 Cassandra owns her own business and drives her van 15,000 miles a year for business and 5,000 miles a year for commuting and personal use. She purchases a new van in 2010 and wants to claim the largest tax deduction possible for business use. Cassandra’s total auto expenses for 2010 are as follows:image text in transcribed

Determine Cassandra’s 2010 deduction for business use of the van.

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Concepts In Federal Taxation 2011

ISBN: 9780538467926

18th Edition

Authors: Kevin E. Murphy, Mark Higgins

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