Lara uses the standard mileage method for determining auto expenses. During 2023, she used her car as follows: 13,200 miles for business, 2,640 miles for personal use, 3,960 miles for a move to a new job, 1,320 miles for charitable purposes, and 660 miles for medical visits. Presuming that all the mileage expenses are allowable (i.e., not subject to percentage limitations), what is Lara's deduction for: If required, round your answers to the nearest dollar. a. Business? $ b. Charitable? c. Medical?
Lara uses the standard mileage method for determining auto expenses. During 2023, she used her car as follows: 13,200 miles for business, 2,640 miles for personal use, 3,960 miles for a move to a new job, 1,320 miles for charitable purposes, and 660 miles for medical visits. Presuming that all the mileage expenses are allowable (i.e., not subject to percentage limitations), what is Lara's deduction for: If required, round your answers to the nearest dollar. a. Business? $ b. Charitable? c. Medical?
Chapter6: Business Expenses
Section: Chapter Questions
Problem 29P
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Transcribed Image Text:Lara uses the standard mileage method for determining auto expenses. During 2023, she used her car as follows: 13,200 miles for
business, 2,640 miles for personal use, 3,960 miles for a move to a new job, 1,320 miles for charitable purposes, and 660 miles for medical
visits. Presuming that all the mileage expenses are allowable (i.e., not subject to percentage limitations), what is Lara's deduction for:
If required, round your answers to the nearest dollar.
a. Business?
$
b. Charitable?
c. Medical?
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