Haley, a self-employed individual, drove her automobile a total of 20,000 business miles in 2018....
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Accounting
Haley, a self-employed individual, drove her automobile a total of 20,000 business miles in 2018. This represents about 75% of the autos use. She has receipts as follows: Parking (business only): $500 Tolls (business only): $200 Total repairs: $1,000 If Haley uses the standard mileage rate method, how much can she deduct as a business expense?
1)
$12,500
2)
$11,600
3)
$11,200
4)
$11,000
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