Question
Please answer the following question. Thank you On October 1, 2022, Bs employer provided her with the use of a car. The car was purchased
Please answer the following question. Thank you
On October 1, 2022, Bs employer provided her with the use of a car. The car was purchased for $45,000 (including tax). The employer will also pay for the operating expenses that are expected to be $2,600 annually. B will drive the car 1,500 km per month of which 300 km will be for employment purposes. What amount is included in Bs employment income for tax purposes in 2022?
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The Official IRS Tax Guide To Auditing Horse Activities Prepare Your Horse Operation To Withstand An IRS Audit Using The Samw Manual IRS Agents Use
Authors: IRS
1st Edition
092934670X, 978-0929346700
