Uses the standard mileage rate method

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Chelsea, who is self-employed, drove her automobile a total of 20,000 business miles in 2015. This represents about 75% of the auto's use. She has receipts as follows: Parking (business only) $500 Tolls (business only) 200 Repairs $1,000 Chelsea has an AGI for the year of $50,000. Chelsea uses the standard mileage rate method. After application of any relevant floors or other limitations, she can deduct?

Reference no: EM131070768

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Uses the standard mileage rate method : Chelsea, who is self-employed, drove her automobile a total of 20,000 business miles in 2015. This represents about 75% of the auto's use. She has receipts as follows: Parking (business only) $500 Tolls (business only) 200 Repairs $1,000 Chelsea has ..

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