For which of the following situations, if any, is the automatic mileage available?
A)A limousine tthe owner rents out for special occasions (e.g., weddings, high school proms).
B)An auto belongs to the taxpayer's mother.
C)One of seven cars used to deliver pizzas.
D)MACRS statutory percentage method claimed on the automobile.
E)None of these.

Question

Quizplus · Accepted Answer

The automatic mileage method is not available for vehicles used for hire (like a limousine), vehicles not owned by the taxpayer, or vehicles for which the MACRS statutory percentage method is used.

For Which of the Following Situations, If Any, Is the Automatic