Tax - Intermediate Vehicle Expense [2019] _
7	Calculate actual vehicle expenses for Tom, a self-employed business owner who used his own car for company business. He drove 23,457 total miles during the year, of which 19,577 were business-use miles. Tom's car is nine years old and is fully depreciated. His other automobile expenses include $2,400 gas, $360 oil changes, $1,250 repairs, $400 insurance, and $150 personal property tax.
	A.- $3,682
	B.- $3,806
	C.- $4,410
	D.- $4,560
8	In which of the following situations is claiming the standard mileage rate on business expenses for their car MOST likely to benefit a taxpayer?
	A.- Low mileage with low business use.
	B.- Low mileage with high business use.
	C.- High mileage with low business use.
	D.- High mileage with high business use.