Question: If the taxpayer chooses the actual expense method for computing business vehicle expense, for which of the following may the taxpayer's deduction be limited below

If the taxpayer chooses the actual expense method for computing business vehicle expense, for which of the following may the taxpayer's deduction be limited below the taxpayer's computed business percentage amount?

fuel

insurance

parking and tolls

A taxpayer will be denied deductions for business travel if ________.

the taxpayer doesn't have a fixed tax home

the taxpayer mixes business with recreation while away on business

the taxpayer's trip includes only a minority of business days

none of the above

vehicle depreciation

In order to establish that a portion of a taxpayer's residential property qualifies as a home office, the place must be _______.

a separate structure on the residential property that is associated with the business

a location for meeting clients and customers

the principal place where the taxpayer performs the duties of the business

the fixed office of the taxpayer if the taxpayer has no other office

any of the above

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