CH 15 Compensation and Retirement Planning

Heather drives 4,000 miles for her business in 2018. She elects to use the standard mileage rate method to deduct automobile expenses. She also has business-related expenses for the automobile of $1000 of gasoline. $600 of repairs and maintenance. And $200 of business parking and tolls. How much will Heather deduct?

Question 2 options:

	$1,800
	$2,180
	$2,380
	$3,980 My reasoning is 2018 - 54.5 cents per mile (rule) 4000*.545 = 2180? is my answer right?