Question
During the year 2020, Ricki, who is not self-employed and does not receive employer reimbursement for business expenses, drove her car 5,100 miles to visit
During the year 2020, Ricki, who is not self-employed and does not receive employer reimbursement for business expenses, drove her car 5,100 miles to visit clients, 10,100 miles to get to her office, and 500 miles to attend business-related seminars. All of this mileage was incurred ratably throughout the year. She spent $315 for airfare to another business seminar and $205 for parking at her office. Using the automobile expense rates in effect for 2020.
Required:
what is her deductible transportation expense?
(For 2020, mileage should be 57.5 cents per mile)
*My answers $3,535 and $3,740 were incorrect. Please help*
This same question is wrong on Chegg when asked by other students.
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