Question
Which of the following is a true statement? The standard mileage rate can be used to calculate the deduction for traveling from a personal residence
Which of the following is a true statement? The standard mileage rate can be used to calculate the deduction for traveling from a personal residence to a place of business. Traveling from a personal residence to a place of business is nondeductible. Traveling from a personal residence to a place of business is deductible if reimbursed by an employer. Traveling from a personal residence to a place of business is deducted for AGI as a moving expense. Traveling from a personal residence to a place of business is a miscellaneous itemized deduction subject to the 2 percent of AGI limitation.
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