Question
Jon uses his automobile 80% for his business that he operates as a sole proprietorship. He drove a total of 16,000 miles (13,000 business, 3,000
Jon uses his automobile 80% for his business that he operates as a sole proprietorship. He drove a total of 16,000 miles (13,000 business, 3,000 personal) and paid the following amounts for his vehicle:
Parking at clients offices $ 240
Auto Insurance 1,500
Auto club Dues 180
Oil Changes and Tune-ups 280
Repairs 1,160
Depreciation allowable 2,050
Fines incurred while traveling for business 320
Gasoline 2,800
a. What is Jons 2022 deduction for using his car if he uses the automatic (standard mileage) method? (assume the standard mileage rate in 2022 is .585 cents per mile).
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