Which of the following taxpayers may use the standard mileage method of calcula ting transportation costs? a.

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Which of the following taxpayers may use the standard mileage method of calcula ting transportation costs?

a. A taxi driver who owns a fleet of six cars for hire

b. A taxpayer who used accelerated depreciation on his automobile

c. A business executive who claimed bonus depreciation in the first year she used the car

d. An attorney who uses his European sports car for calling on clients

e. None of the above

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Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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