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Please help......Thank you.... Which of the following statements is incorrect? a. A taxpayer may use the standard mileage rate for use of a personal vehicle
Please help......Thank you....
Which of the following statements is incorrect? a. A taxpayer may use the standard mileage rate for use of a personal vehicle for charitable purposes. X b. The standard mileage rate for charitable use is increased to 16 cents per mile in 2019 OOC c. A taxpayer may choose to claim actual expenses instead of the standard mileage rate d. A taxpayer may deduct parking fees and tolls whether the actual expenses or standard mileage rate is used Which of the following awards from an employer are not included in income? a. Award for outstanding work b. Certain employee achievement awards c. Length of service awards for less than five years X d. Safety achievement award if the employee is a manager Regarding itemized deductions per TCJA changes, which is correct? a. They are not increased for lower-income tax payers b. They are not reduced for higher-income taxpayers OOO c. Medical expenses are no longer included in itemized deductions subject to 10% AGI d. None of the above X An ITIN will be deactivated if the individual has not used the number on at least one tax return 1, tax return in: a. The past two years b. The past five years OOO C. The past three years X d. The past ten yearsStep by Step Solution
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