Ask Question
Yesterday, 12:43

Lesa drives her car approximately 18,000 miles per year. During the most recent year, she drove 7,000 miles commuting to and from work, 4,500 miles for business-related conferences and client visits, and 6,500 miles for personal trips. How many miles are considered business miles and can be used to determine the tax deduction for transportation expenses?

+4
Answers (1)
  1. Yesterday, 13:10
    0
    The answer is: 4,500 miles

    Explanation:

    Lesa can only deduct 4,500 miles as transportation expenses form her taxable income. She could include any other related expenses like parking fees, tolls, etc., that she spent during her business related trips.

    The 7,000 miles she drove to and form work are not considered business expenses, since going to work is not an actual part of working. It's like an employee trying to get paid for the time he or she spends in a bus going to work.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Lesa drives her car approximately 18,000 miles per year. During the most recent year, she drove 7,000 miles commuting to and from work, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers