A Taxpayer Who Uses the Automatic Mileage Method to Compute

question 2

True/False

A taxpayer who uses the automatic mileage method to compute auto expenses can also deduct the business portion of tolls and parking.

---

Definitions:

First Marriages

The initial legally or socially sanctioned union between two individuals as spouses.

Stable

Characterized by consistency, reliability, and a lack of significant change or volatility over time.

Normative Life Events

In the timing-of-events model, commonly expected life experiences that occur at customary times.

Social Clocks

Societal expectations regarding the appropriate timing for major life milestones, such as education, marriage, parenthood, and retirement.