When using the automatic mileage method, which of the following expenses, if any, also can be claimed?
A)Engine tune-up.
B)Parking.
C)Interest on automobile loan.
D)MACRS depreciation.
E)None of these.

Question

Quizplus · Accepted Answer

Parking expenses can be claimed in addition to the automatic mileage method. The other options are not allowed as they are already accounted for in the mileage rate.

When Using the Automatic Mileage Method, Which of the Following