Question
Amelie is self-employed and uses her personal automobile in connection with her business. During 2019, Amelie drove her car a total of 24,000 miles. Her
Amelie is self-employed and uses her personal automobile in connection with her business. During 2019, Amelie drove her car a total of 24,000 miles. Her business log shows that she drove 14,400 miles for business purposes. During 2019, Amelie incurred the following actual expenses based on 100% use, that is, 24,000 total miles: (The standard mileage rate method permits a deduction based on a mileage rate of 58 cents per mile for the year 2019.)
Requirement c. Assume Amelie used the standard mileage method in 2019. In addition to the automobile expenses, she made several business trips and incurred the following travel expenses; airfare $4,100, hotel $1,920, meals $790, and taxi fees and tips
$250. None of the above expenses were personal in nature. What are Amelies deduction in 2019 after all limitations? Enter the amount deductible for each expense and calculate the total amount deductible in 2019. (Complete all input fields. If an amount is not deductible, enter a "0".)
Automobile expenses | 8,352 | |
---|---|---|
Airfare |
| |
Hotel |
| |
Meals and entertainment |
| |
Taxi fees and tips |
| |
Amount deductible in 2019 |
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