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Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $1,500 for gasolineon these trips. His depreciation on the car if he was using it fully for business purposes would be 53,000. During the year, he drove his car a total of ILOOO miles (a combination of business and personal travel).a. Ryan can provide written documentation of the business purpose for trips totaling 3,000 miles. What businessexpense amount can Ryan deduct (if any) for these trips?b. Ryan estimates that he drove approximately 1,300 miles on business trips, but he can only provide writtendocumentation of the business purpose for trips totaling 820 miles. What business expense amount can Ryan deduct (ifany) for these trips?
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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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