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Happy Lucky drove her car a total of 18,000 miles during 2022. Of this, 12,000 miles (1,000 per month) were related to business for
Happy Lucky drove her car a total of 18,000 miles during 2022. Of this, 12,000 miles (1,000 per month) were related to business for JR Enterprises. Happy paid $4,500 for gas, $5,500 for repairs, and $2,000 for tires during the year. Happy accounted to JR for these actual expenses and received a reimbursement for the business portion. How much may JR deduct as travel and transportation expense? $12,000 $4,000 $8,000 $0
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