Question
Ramon drives his vehicle a total of 38,000 miles for the tax year. His business mileage is 26,600. What percentage of actual expenses can Ramon
Ramon drives his vehicle a total of 38,000 miles for the tax year. His business mileage is 26,600. What percentage of actual expenses can Ramon claim as a deduction on his business return?
a) 100%
b) 70%
c) 30%
d) 0%
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Get StartedRecommended Textbook for
Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
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