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Tax - Intermediate Vehicle Expense [2019] _ 3 Ivan is planning on buying a new car in 2018 to use in his business. He would

Tax - Intermediate Vehicle Expense [2019] _
3 Ivan is planning on buying a new car in 2018 to use in his business. He would like to know the maximum depreciation deduction he can take in the first year. What will you tell him?
A.- $10,000
B.- $16,000
C.- $16,400
D.- $18,000
4 All of the following are used for actual expenses EXCEPT:
A.- Parking fees.
B.- Auto Club membership fees.
C.- Parking tickets.
D.- Garage rent.

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