Mary is self-employed and uses her personal automobile for business trips. During 2022, Mary drives her car 70% for business use and incurs the following total expenses (based on 100% use of car). View the expenses. Mary drives her car a total of 50,000 miles (35,000 business miles) during 2022 Read the requirements.

Requirement a. What amount is deductible if Mary uses the standard mileage method?

Requirement b. What amount is deductible if Mary uses the actual cost method?

Requirement c. Can taxpayers switch back and forth between the mileage and actual methods each year?

(The standards mileage rate method permits a deduction based on a mileage rate of 58.5 cents per mile for the year 2022)

Mary is seif-employed and uses her perschal automobile for business trips. During 2022 Mary erives her car 70\% for busines5 use and incurs the following total expenses (based on 100% use of cal) View the exoenses: Mary drwes her cat a 1otal of 50,000 miles (35,000 business miles) during 2022 . Bead the reoviremsals Requirement a. What ansumt is dedoctible ir Mary uses the standard mileage method? The amourt seductible using the suandard mileage method is Requirements a. What amount is deductible if Mary uses the standard mileage method? b. What amount is deductible if Mary uses the actual cost method? c. Can taxpayers switch back and forth between the mileage and actual methods each year? (The standard mileage rate method permits a deduction based on a mileage rate of 58.5 cents per mile for the year 2022 .) Expenses