Question: A taxpayer owns a Tesla, Model S , Which had a purchase price of $ 8 0 , 0 0 0 on March 1 ,

A taxpayer owns a Tesla, Model S, Which had a purchase price of $80,000 on March 1,2020 The car was put into service on that date, and the taxpayer elected to use the standard mileage deduction. The taxpayer has a W-2 job approximately 40 miles from home, round trip, and drives the vehicle into the office 4 days a week.

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