Amy works as an auditor for a large major CPA firm.During the months of September through November of each year,she is permanently assigned to the team auditing Garnet Corporation.As a result,every day she drives from her home to Garnet and returns home after work.Mileage is as follows: For these three months,Amy's deductible mileage for each workday is:

Question

Amy works as an auditor for a large major CPA firm.During the months of September through November of each year,she is permanently assigned to the team auditing Garnet Corporation.As a result,every day she drives from her home to Garnet and returns home after work.Mileage is as follows:  For these three months,Amy's deductible mileage for each workday is:

Quizplus · Accepted Answer

The standard mileage rate for business use for the year 2021 is 56 cents per mile. Therefore, for the three months (September to November) which are equivalent to 66 workdays [(5 days/week)*(4 weeks/month)*3], Amy's deductible mileage would be calculated as follows:

Deductible mileage = Total mileage * standard mileage rate 
= 66 workdays * 2 * 11 miles/workday * 0.56 cents/mile 
= $824.64

Since Amy's mileage is strictly for work purposes, and her deductible mileage for the three months totals $824.64, her deductible mileage for each workday is $824.64 / 66 workdays = $12.50, which is equivalent to 22.32 miles (i.e. $12.50 divided by 56 cents per mile). Since Amy drives to and from work each day, her deductible mileage for each workday would be 22.32 miles * 2 = 44.64 miles/day, which can be rounded up to 45 miles/day or 60 miles/round trip (i.e. to and from work). Therefore, the correct choice is D.

Amy Works as an Auditor for a Large Major CPA