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Jackson, who is self-employed, uses his automobile 78% for business and during 2018 drove a total of 16,400 business miles. Information regarding his car expenses
Jackson, who is self-employed, uses his automobile 78% for business and during 2018 drove a total of 16,400 business miles. Information regarding his car expenses is listed below.
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What is Jackson's deduction in 2018 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? $
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