SIC AGI - 18,000 -3,000 47,000 6 John uses his automobile 90% for business during 2018 and drove 15,000 miles Information regarding his car expenses are as follows: Business Parking 1,500 Auto Insurance 1,500 Auto Club dues 350 Oil Change and tune up-ups 200 Repairs Depreciation allowable 3,000 Traffic tickets 450 Gasoline purchases 2,500 250 Which method (actual or standard) gives the highest deduction? Mileage rate 8,700 1500058 Actual Method 8,520 1500+(1500+350+200+250+3000+2500)" 9 7 Charles maintains an office in his home that comprises 15% (500 sq. feet) Gross income for his business is $60,000 and his residence expenses SIC AGI - 18,000 -3,000 47,000 6 John uses his automobile 90% for business during 2018 and drove 15,000 miles Information regarding his car expenses are as follows: Business Parking 1,500 Auto Insurance 1,500 Auto Club dues 350 Oil Change and tune up-ups 200 Repairs Depreciation allowable 3,000 Traffic tickets 450 Gasoline purchases 2,500 250 Which method (actual or standard) gives the highest deduction? Mileage rate 8,700 1500058 Actual Method 8,520 1500+(1500+350+200+250+3000+2500)" 9 7 Charles maintains an office in his home that comprises 15% (500 sq. feet) Gross income for his business is $60,000 and his residence expenses