Please answer 1a-1c

Tyler has the following auto expenses:

Gas $1,500

Maintenance $250

Parking Fee for work $150

Depreciation $1,000

Tyler drove the car 12,000 miles total and has evidence of $9,000 business miles.

What is Tyler's auto expense deduction if he elects actual expenses?

		$2,175
		$2,213
		$2,463
		$2,900

Tyler has the following auto expenses:

Gas $1,500

Maintenance $250

Parking Fee for work $150

Depreciation $1,000

Tyler drove the car 12,000 miles total and has evidence of $9,000 business miles.

What is Tyler's auto expense deduction if he elects standard mileage?

		$6,325
		$5,325
		$6,175
		$5,175

Your client loaned someone $10,000 in 2015. The loan had a contract, a set payment schedule, and a set interest rate. In 2020 the loan had an outstanding balance of $1,500. The loan was listed in a bankruptcy and forgiven. There can be no further collection attempts to obtain the remaining amount. What can your client list on their tax return in 2020?

		Nothing, no loss is allowed
		$1,500 short-term capital loss
		$1,500 ordinary loss
		$1,500 long-term capital loss