Tom uses his car for business purposes approximately 80% of the time. He is a well-organized person and keeps records of actual expenses and mileage incurred during the year. To deduct his vehicle expenses correctly, he needs to better understand which deductions are the most beneficial. Which of the following statements describes what would be the most beneficial deduction for Tom on his tax return?

• If Tom does not use the Standard Mileage Rate, he may be able to deduct actual car expenses.
• If Tom qualifies for both types of deduction methods, he will be able to claim both.
• Mileage expenses are not deductible when the vehicle is used less than 100% for business.
• Tom should figure the deduction using both methods to calculate which method gives him a larger deduction.