Calculate an itemized deduction for transportation

Reference no: EM132690356

Problem 1: Mickey is a 12-year-old dialysis patient. Three times a week for the entire year, he and his mother, Sue, drive 20 miles one way to Mickey's dialysis clinic. On the way home, they go 10 miles out of their way to stop at Mickey's favorite restaurant. Their total round trip is 50 miles per day. How many of those miles, if any, can Sue use to calculate an itemized deduction for transportation? Use the mileage rate in effect for 2019. Explain your answer.

Leslie and Jason, who are married, paid the following expenses during 2019:

interest on a car loan $ 100

Interest on lending institution loan (used to purchase municipal bonds) 3,000

Interest on home mortgage (home mortgage principal is less than $750,000) 2,100

Reference no: EM132690356

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