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Please show your work. Thank you in advance! Jose purchased a vehicle for business and personal use. In 2019, he used the vehicle 17,000 miles
Please show your work. Thank you in advance!
Jose purchased a vehicle for business and personal use. In 2019, he used the vehicle 17,000 miles (80% of total) for business and calculated his vehicle expenses using the standard mileage rate (mileage was incurred ratably throughout the year). He paid $1,550 in interest and $150 in property taxes on the car. Required: Calculate the total business deduction related to the car. X Answer is not complete. Total Deduction $ 8,704 x Schedule C Schedule AStep by Step Solution
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