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Sarah, an independent consultant, purchased a new car at the beginning of the year. During the year she drove a total 20,000 miles, of which
Sarah, an independent consultant, purchased a new car at the beginning of the year. During the year she drove a total 20,000 miles, of which 12,000 related to meetings with clients and other business-related driving. Sarah incurs the following expenses related to both business and personal use:
Gas and oil $6,000
Repairs and maintenance 2,500
Depreciation 3,000
Insurance 1,800
Total $13,300
She also spent $200 on parking and tolls that were related to business.
What are the possible amounts of Sarah's deductible transportation expenses?
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