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Maura is an employee who must use her personal automobile for employment-related business trips. During 2017, Maura drives her car 80% for business use and

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Maura is an employee who must use her personal automobile for employment-related business trips. During 2017, Maura drives her car 80% for business use and incurs the following total expenses (100% use of car): EEB (Click the icon to view the expenses.) Maura drives her car a total of 30,000 miles (24,000 business miles) during 2017 and receives a reimbursement of 35 cents per mile from her employer. Assume that an adequate accounting is made to Maura's employer Read the Requirement a. What amount is deductible (before the 2% nondeductible floor) if Maura uses the standard mileage method? If Maura elects to use the standard mileage method the deduction from AGI (before the 2% nondeductible floor) is $ Data Table G Requirements What amount is deductible (before the 2% nondeductible floor) if Maura uses the standard mileage method? What amount is deductible (before the 2% nondeductible floor) if Maura uses the actual cost method? a. Gas and oil Repairs Depreciation Insurance and license fees Parking and tolls (business related) 8,500 2,700 4,000 2,000 b. 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 53.5 cents per mile for the year 2017.) 17,270 Total Print Done Print Done

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