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8,180 is incorrect for part B Jackson, a self-employed taxpayer, uses his automobile 90% for business and during 2023 drove a total of 14,000 business
8,180 is incorrect for part B
Jackson, a self-employed taxpayer, uses his automobile 90% for business and during 2023 drove a total of 14,000 business miles. Information regarding his car expenses is listed below. What is Jackson's deduction in 2023 for the use of his car if he uses: a. The actual cost method? b. The automatic mileage method? x Feedasa Foned uy work Incoried c. What records must Jackson maintain? Keeping a written or electronic log of miles driven. the dares the automobile was used, the locatinn of travel, and the business purpose is enough evidence for the weeldy or daily) Step by Step Solution
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