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Chelsea,who Is Self-Employed,drove Her Automobile a Total of 20,000 Business

Question 40

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Chelsea,who is self-employed,drove her automobile a total of 20,000 business miles in 2015.This represents about 75% of the auto's use.She has receipts as follows: Chelsea,who is self-employed,drove her automobile a total of 20,000 business miles in 2015.This represents about 75% of the auto's use.She has receipts as follows: Chelsea has an AGI for the year of $50,000.Chelsea uses the standard mileage rate method.After application of any relevant floors or other limitations,she can deduct A) $11,500. B) $12,200. C) $11,200. D) $13,200. Chelsea has an AGI for the year of $50,000.Chelsea uses the standard mileage rate method.After application of any relevant floors or other limitations,she can deduct


A) $11,500.
B) $12,200.
C) $11,200.
D) $13,200.

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