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Rod Uses His Automobile for Both Business and Personal Use

question 61

Essay

Rod uses his automobile for both business and personal use and claims the automatic mileage rate for all purposes.During 2016,his mileage was as follows:
Miles Driven
Personal
4,000
Business
8,000
Qualifying moving expense
3,500
Medical
1,800
Charitable
1,500
Qualifying education (MBA program)
800

How much can Rod claim for mileage?


Definitions:

Successful Restaurant

A dining establishment that flourishes through effective management, quality food, excellent service, and a satisfied customer base.

Previous Owners

The individuals who owned an item or property before the current holder.

Likelihood of Outcome

The probability or chance that a specific outcome will occur out of a set of possible outcomes.

Personal Estimate

An individual's judgment or assessment of something, often based on personal experiences or perceptions.

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