Question: Jahat is Jackson's deduction in 2 0 2 4 for the use of his car if he uses: ur answers to nearest dollar.ill in the
Jahat is Jackson's deduction in for the use of his car if he uses:
ur answers to nearest dollar.ill in the blank bcef
Question Content Area
cWhat records must Jackson maintain?
Keeping a written or electronic log of miles driven, the dates the automobile was used, the location of travel, and the business purpose is enough evidence for the
actual expense methodstandard rate methodstandard rate method
If the
actual expense methodstandard rate methodactual expense method
is used, keeping copies of receipts, canceled checks, and bills in addition to a mileage log is sufficient. Records and logs should be kept contemporaneously eg updated weekly or
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