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16, Jackson uses his automobile 90% for business and during 2018 drove a total of 14,000 business miles. Information regarding his car expenses is listed
16, Jackson uses his automobile 90% for business and during 2018 drove a total of 14,000 business miles. Information regarding his car expenses is listed below Business parking Auto Insurance Auto Club dues (includes towing service) Toll road charges (business-related) Oil changes and engine tune-ups Repairs Depreciation allowable Fines for traffic violations (incurred during business use) Gasoline purchases $140 1,300 180 200 210 160 2,850 320 2,800 What is Jackson's deduction in 2018 for the use of his car if he uses: a. The actual cost method? b. The automatic mileage method
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