1. the taxpayer may include miles from their home office to the client site as business miles.

2. the depreciation expense on the tesla will be capped $16000 for tax year 2020.

3. for the tax 2020, the taxpayer can take section 179 depreciations of $18000.

4. The taxpayer itemizes their deductions and can deduct the $1200 of personal property tax on their schedule a.

A taxpayer owns a Tesla, model S, which had a purchase price of $80,000 on March 1, 2018. The car was put into service on that date, and the taxpayer elected to use the standard mileage deduction. The taxpayer has a W-2 job approximately 40 miles from home, round trip, and drives the vehicle into the office 4 days a week. Additionally, the taxpayer has an interior design service as a sole proprietorship. The interior design jobs often require several trips to the client's home, which is often over 100 miles one way, but only 60 miles from their W-2 office. For tax year 2020 , the taxpayer drove 4,200 miles for the interior design business. Is the following statement true about this scenario