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What is Jackson's deduction in 2017 for use of the car if he uses the automatic mileage method? Jackson uses his automobile 90% for business
What is Jackson's deduction in 2017 for use of the car if he uses the automatic mileage method?
Jackson uses his automobile 90% for business and during 2017 drove a total of 14,000 business miles. Information regarding i expenses is listed below. Business parking Auto insurance Auto club dues (includes towing service) Toll road charges (business-related) Oil changes and engine tune-ups Repairs Depreciation allowable Fines for traffic violations (incurred during business use) Gasoline purchases $140 1,300 180 200 210 160 2,850 320 2,800Step by Step Solution
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