Question

In 2019, Britt drove her automobile 16,200 miles for business. She incurred $900 in gas expenses and $235 in tolls associated with the business mileage. Assuming Britt uses the standard mileage method, her deduction is

Answer 1

$9,631

Step-by-step explanation:

In 2019, the Standard mileage rate deduction for the business purposes is 58 cents per mile.

Therefore,

Her deduction is as follows:

= (No. of miles drove × 58 cents per mile) + Tolls associated with the business mileage

= (16,200 × 58 cents per mile) + $235

= 9,396 + 235

= $9,631

Therefore, by using the standard mileage method, her deduction is $9,631.