Jackson uses his automobile 82% for business and during 2017 drove a total of 16,400 business...

Jackson uses his automobile 82% for business and during 2017 drove a total of 16,400 business miles. Information regarding his car expenses is listed below.

Business parking $ 290

Auto insurance 2,900

Auto club dues (includes towing service) 348

Toll road charges (business-related) 435

Oil changes and engine tune-ups 464

Repairs 319

Depreciation allowable 5,800

Fines for traffic violations (incurred during business use) 580

Gasoline purchases 6,380

What is Jackson's deduction in 2017 for the use of his car if he uses:

If required, round your answers to nearest dollar.

a. The actual cost method?

b. The automatic mileage method?

Expert Solution

ekkarill92 answered 1 year ago

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