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Chelsea, who is self-employed, drove her automobile a total of 20,000 business miles in 2018. This represents about 75% of the auto's use. She has
Chelsea, who is self-employed, drove her automobile a total of 20,000 business miles in 2018. This represents about 75% of the auto's use. She has receipts as follows:
Parking (Business Only) | $500 |
Tolls (Business Only) | $200 |
Repairs | $1,000 |
Chelsea uses the standard mileage rate method. She can deduct:
A) $11,600 B) $11,425 C) $10,900 D) $12,600
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