Question
During the current year, Bella, an employee of a law firm, drove her car 24,000 The detail of the mileage is as follows: Personal Use3,000
During the current year, Bella, an employee of a law firm, drove her car 24,000 The detail of the mileage is as follows:
Personal Use3,000 miles
Transportation between home and office3,000 miles
Transportation to and from clients' offices18,000 miles
Bella's current year records of her car expenses are as follows:
Gas, oil, and repairs
9,260
Insurance and licensing
1,500
Interest on car loan
400
Tolls and parking at clients' offices
200
Using the standard mileage method, What is the amount of her deduction for her use of the car?
Group of answer choices
$ 18,380
$ 10,440
$ 11,940
$ 8,520
$ 10,940
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