Question

Lara uses the standard mileage method for determining auto expenses. During 2019, she used her car as follows: 17,000 miles for business, 3,400 miles for personal use, 5,100 miles for a move to a new job, 1,700 miles for charitable purposes, and 850 miles for medical visits. Presuming that all the mileage expenses are allowable (ie, not subject to percentage limitations), what is Lara's deduction for: If required, round your answers to the nearest dollar. a. Business? 9,180 X Feedback Check My Work A taxpayer has two choices in determining automobile expenses: the standard (automatic) mileage method and the actual cost method. b. Charitable? Feedback Check My Work Correct c. Medical? 161.50 x

Answer 1

Explanations- the IRS mileage deduction rate for 2019 :- • 58 cents per mile for business miles driven • 20 cents per mile driven for medical or moving purposes • 14 cents por mile driven in service of charitable organizations @ Business mileage doductions : 17,000 miles x $0.58 per mile = $9860 ® charitable mileago deductions: 1700 miles x $0.14 per mile = $238 © medical mileage deductions: 850 miles x $0.20 per mile = $170