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Question #3 Taxpayer uses a business car for business and personal use. During the year taxpayer drives a total of 30,000 miles. 10,000 miles
Question #3 Taxpayer uses a business car for business and personal use. During the year taxpayer drives a total of 30,000 miles. 10,000 miles are for personal use. Costs incurred during the year are as follows: Maintenance-$2.500 Depreciation- $650 A What is the taxpayer's deduction using the standard mileage rate? B. What is the taxpayer's deduction using the actual expense method?
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