Compute the deduction using standard mileage method


Response to the following problem:

Transportation Expense.

Ricardo works two jobs each day, Monday through Friday. He works eight hours at his first job and three hours at his second job. He drives the following miles each day

Home to first job                                          20 miles

First job to second job                                  12 miles

Second job to home                                     30 miles

a. If Ricardo follows this routine for 250 days during 2014, how many miles qualify for the mileage deduction?

b. Compute Ricardo's mileage deduction using the standard mileage method.

 

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Taxation: Compute the deduction using standard mileage method
Reference No:- TGS02109352

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