Which of the following taxpayers may not use the standard mileage method of calculating transportation costs?
A)A self-employed CPA who drives a computer-equipped minivan to visit clients.
B)A taxpayer who has a fleet of 10 business automobiles.
C)A real estate salesperson who drives a $70,000 Mercedes while showing houses.
D)An attorney who uses his Tesla for calling on clients.
E)All of the above taxpayers may use the standard mileage method.

Question

Quizplus · Accepted Answer

Taxpayers who have a fleet of 5 or more business automobiles are not eligible to use the standard mileage method. Therefore, the taxpayer with a fleet of 10 business automobiles may not use the standard mileage method.

Which of the Following Taxpayers May Not Use the Standard