Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You receved no credit for this question in the preious attempt 12 Required information Pert 1 of 2 The following information applies to the questions
You receved no credit for this question in the preious attempt 12 Required information Pert 1 of 2 The following information applies to the questions displayed below Ryan is self employed. This year Ryan used his personal auto for several ong business trips, Ryan paid $2190 for gasoine on these trips. His depreciation on the car if he was using it fuly for business purposes would be $3600. During the year he drove his car a total of 21100 miles (a combination of business and personal trave (Do not round intermediate calculations.Round your final answer to the nearest dollar amount) a. Ryan can provide written documentation of the business purpose for trips totaling 4.220 miles. What business expense amount can Ryan deduct (if any) for these trips? Reference inks ion: 6 word: lab-104 inch as fecah S( fsee 1 onta
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started