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Business, 08.11.2019 20:31 anastasiasam1916

Ryan is self-employed. this year ryan used his personal auto for several long business trips. ryan paid $2,330 for gasoline on these trips. his depreciation on the car if he was using it fully for business purposes would be $3,300. during the year, he drove his car a total of 14,300 miles (a combination of business and personal travel). (do not round intermediate calculations. round your final answer to the nearest dollar amount.)

a. ryan can provide written documentation of the business purpose for trips totaling 2,480 miles. what business expense amount can ryan deduct (if any) for these trips?
maximum deductible amount

b. ryan estimates that he drove approximately 2,090 miles on business trips, but he can provide written documentation of the business purpose for trips totaling 1,120 miles. what business expense amount can ryan deduct if any for these trips?
maximum deductible amount

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Ryan is self-employed. this year ryan used his personal auto for several long business trips. ryan p...
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