Question: Exercise 9 - 1 2 ( LO . 2 ) Lara uses the standard mileage method for determining auto expenses. During 2 0 2 4
Exercise LO
Lara uses the standard mileage method for determining auto expenses. During she used her car as follows: miles for business, miles for personal use, miles for a move to a new job, miles for charitable purposes, and miles for medical visits. Presuming that all the mileage expenses are allowable ie not subject to percentage limitations what is Lara's deduction for:
a Business?
$
A taxpayer has two choices in determining automobile expenses: the standard automatic mileage method and the actual cost method.
b Charitable?
$
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c Medical?
$
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