Jordan, an Employee, Drove His Auto 20,000 Miles This Year

question 89

Multiple Choice

Jordan, an employee, 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: Jordan submitted appropriate reports to his employer, and the employer paid a reimbursement of $ .50 per mile. Jordan has used the actual cost method in the past. Jordan's AGI is $50,000. What is Jordan's deduction for the use of the auto after application of all relevant limitations?

• A)$1,500
• B)$500
• C)$1,000
• D)$8,000

---

Definitions:

Lawn Quality

The condition or status of a lawn, typically assessed based on its color, density, uniformity, and freedom from pests and diseases.

Regression Analysis

A statistical process for estimating the relationships among variables, often used to forecast or predict outcomes.

Prediction Interval

A range of values that is likely to include the outcome of a single future observation based on a predictive model, given a certain level of confidence.

Typing Speed

The measure of how fast an individual can type, often recorded as words per minute (WPM).