Which of the following taxpayers may not use the standard mileage method of calculating transportation costs? a.A self-employed CPA who drives a computer-equipped minivan to visit clients. b.An attorney who uses his Tesla for calling on clients. c.A taxpayer who has a fleet of 10 business automobiles. d.A real estate salesperson who drives a $70,000 Mercedes while showing houses. e.All of these taxpayers may use the standard mileage method.
Which of the following taxpayers may not use the standard mileage method of calculating transportation costs? a.A self-employed CPA who drives a computer-equipped minivan to visit clients. b.An attorney who uses his Tesla for calling on clients. c.A taxpayer who has a fleet of 10 business automobiles. d.A real estate salesperson who drives a $70,000 Mercedes while showing houses. e.All of these taxpayers may use the standard mileage method.
Chapter3: Business Income And Expenses
Section: Chapter Questions
Problem 6MCQ
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Which of the following taxpayers may not use the standard mileage method of calculating transportation costs?
a.A self-employed CPA who drives a computer-equipped minivan to visit clients.
b.An attorney who uses his Tesla for calling on clients.
c.A taxpayer who has a fleet of 10 business automobiles.
d.A real estate salesperson who drives a $70,000 Mercedes while showing houses.
e.All of these taxpayers may use the standard mileage method.
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