Under the Actual Expense Method,which,if Any,of the Following Expenses Will

question 127

Multiple Choice

Under the actual expense method,which,if any,of the following expenses will not be allowed?

• A)Parking fines incurred during business use.
• B)Interest expense on a car loan (taxpayer is self-employed).
• C)Auto insurance.
• D)Dues to auto clubs.
• E)None of the above.