Jackson, a self-employed taxpayer, uses his automobile 92% for business and during 2021 drove a total of 23,400 business miles. Information regarding his car expenses is listed below. Business parking $ 150

Auto insurance 1,500

Auto club dues (includes towing service) 180

Toll road charges (business-related) 225

Oil changes and engine tune-ups 240

Repairs 165

Depreciation allowable 3,000

Fines for traffic violations (incurred during business use) 300

Gasoline purchases 3,300

What is Jackson's deduction in 2021 for the use of his car if he uses:

If required, round your answers to nearest dollar.

a. The actual cost method?

b. The automatic mileage method?

c. What records must Jackson maintain? Keeping a written or electronic log of miles driven, the dates the automobile was used, the location of travel, and the business purpose is enough evidence for the __________. If the _____________ is used, keeping copies of receipts, canceled checks, and bills in addition to a mileage log is sufficient. Records and logs should be kept contemporaneously (e.g., updated weekly or daily).