Peter Is a Self-Employed Attorney Expenses Peter Also Drove His Car 5,034 Miles for Business and His
Peter is a self-employed attorney.He gives the following information about his business to his CPA for use in preparing his 2013 tax return: Income
Fees from law practice
Expenses
Peter also drove his car 5,034 miles for business and used the standard mileage method for computing transportation costs.How much will Peter show on his Schedule C for 2013 for:
a.Income
b.Tax deductible expenses
c.Taxable income
Correct Answer:
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