7. Mike is a Marketing Partner in New York City. An important manuscript needed to...
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Accounting
7. Mike is a Marketing Partner in New York City. An important manuscript needed to be delivered to his client in Montgomery, Alabama as soon as possible and expediting the package wouldnt cut it, so Mike drove from NYC to Montgomery (1,033.8 miles total- one way). On the way back up, Mike took a quick side-trip to Washington, DC, which added an additional 50 miles to his drive. Applying the standard mileage deduction, how much is Mike allowed to deduct on his taxes? (2 pts)
$563.42
$590.67
$1,126.84
$1,154.09
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