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Business, 14.12.2019 06:31 Ididntwanttomakethis

In 2018, dan, a self-employed taxpayer, uses his car extensively for business purposes. he has not claimed any depreciation on his car in the past. dan’s records reflect that he incurred the following expenses for 2018: gasoline and oil $9,100 repairs on auto 3,200 business parking and tolls 200 depreciation -- business portion 2,200 insurance 795 licenses, tags, etc. 100 total $15,595 total miles driven 30,000 business miles (mileage incurred ratably throughout the year) 24,000 what is the maximum deduction that dan is allowed for the business use of his car in 2018?

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