Question: Problem 9-21 (Algorithmic) (LO. 2) Jackson, a self-employed taxpayer, uses his automobile 86% for business and during 2021 drove a total of 27,600 business miles.

 Problem 9-21 (Algorithmic) (LO. 2) Jackson, a self-employed taxpayer, uses his

Problem 9-21 (Algorithmic) (LO. 2) Jackson, a self-employed taxpayer, uses his automobile 86% for business and during 2021 drove a total of 27,600 business miles. Information regarding his car expenses is listed below. Business parking $ 250 Auto insurance 2,500 300 Auto club dues (includes towing service) Toll road charges (business-related) Oil changes and engine tune-ups 375 400 Repairs 275 Depreciation allowable 5,000 Fines for traffic violations (incurred during business use) 500 Gasoline purchases 5,500 What is Jackson's deduction in 2021 for the use of his car if he uses: If required, round your answers to nearest dollar. a. The actual cost method? 12,835 X Feedback Check My Work A taxpayer has two choices in determining automobile expenses: the automatic mileage method and the actual cost method. b. The automatic mileage method? 9,025 X

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