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In 2020, the IRS allowed mileage for business to be deducted at 57.5 cents per mile. Assuming that is what it costs you per mile
In 2020, the IRS allowed mileage for business to be deducted at 57.5 cents per mile. Assuming that is what it costs you per mile to drive your vehicle, how far away would the dealership need to be for your driving cost to equal the expected value of the trip? (Remember that you need not only to get to the dealership, but also back home, so determine the distance assuming youll drive to the dealership and back.)( trip takes 75 min and the dealership is 10 min away so 20 min total)
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