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asambeis [7]
3 years ago
8

Quickbooks Online. IRS guidelines require specific information to substantiate deductible automobile expenses. Which 3 items are

included in the substantiation requirements?
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

Explanation:

IRS guidelines available for automobile

deductible is that if one is using his cat for business purposes, the entire cost of ownership as well as operation can be deducted. But if the car is for business and personal purposes, the cost for the business use can be deducted.

The three items that are are included in the substantiation requirements are;

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

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4 years ago
You purchased a bond at a price of $2,100. In 30 years when the bond matures, the bond will be worth $15,000. It is exactly 22 y
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Solution

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