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Calculate actual vehicle expenses for Tom, a self-employed business owner who used his own car for company business. He drove 23,457 total miles during the
Calculate actual vehicle expenses for Tom, a self-employed business owner who used his own car for company business. He drove 23,457 total miles during the year, of which 19,577 were business-use miles. Tom's car is nine years old and is fully depreciated. His other automobile expenses include $2,400 gas, $360 oil changes, $1,250 repairs, $400 insurance, and $150 personal property tax. $3,682 $3,806 $4,410 $4,560
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