Rajiv,a Self-Employed Consultant,drove His Auto 20,000 Miles This Year,15,000 to Meetings

question 126

Multiple Choice

Rajiv,a self-employed consultant,drove his auto 20,000 miles this year,15,000 to meetings with clients and 5,000 for commuting and personal use.The cost of operating the auto for the year was as follows: Rajiv's AGI is $100,000 before considering the auto costs.Rajiv has used the actual cost method in the past.What is Rajiv's deduction for the use of the auto after application of all relevant limitations?

• A)$8,325
• B)$9,000
• C)$6,325
• D)$7,000

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