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O A vehicle, in subsequent years, when standard mileage was not used the first year the vehicle was placed in service. Mark for follow up
O A vehicle, in subsequent years, when standard mileage was not used the first year the vehicle was placed in service. Mark for follow up Question 68 of 75. To comply with IRS regulations, a taxpayer's mileage log must contain O Dates the vehicle was used for business; purpose of the trip; estimated miles traveled for business; estimated miles traveled fo commuting, estimated total miles the vehicle was driven the entire year for all purposes O Dates the vehicle was used for business; miles traveled for business; total miles the vehicle was driven the entire year for all purposes. O Dates the vehicle was used for business; purpose of the trip; miles traveled for business; miles traveled for commuting; total miles the vehicle was driven the entire year for all purposes 0 A mileage log is not needed. Taxpayers may use an average of business miles per month to calculate the expense deduction. Mark for follow up Question 69 of 75. What is the maximum potential depreciation deduction for 2018 for a passenger automobile placed in service beginning January 1 with 80% business use, including bonus depreciation? O $18,000 O $16,400
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