A taxpayer who uses the automatic mileage method to compute auto expenses can also deduct the business portion of tolls and parking.

Question

Quizplus · Accepted Answer

The automatic mileage method includes all expenses related to the use of the vehicle, including tolls and parking, as part of the standard mileage rate calculation. Therefore, the business portion of tolls and parking can be deducted along with the other auto expenses using this method.

A Taxpayer Who Uses the Automatic Mileage Method to Compute