Amelie is an employee who uses her personal automobile in connection with her job. During 2013, Amelie drove her car a total of 28,000 miles. Her business log shows that she drove 22,400 miles for business purposes. She reimbursed $0.30 per mile from her employer for her business miles and she makes an adequate accounting to her employer. During 2013, Amelie incurred the following actual expenses based on 100% business use that is, 28,000 miles:
Gas and oil$7,800
Repairs and maintenance 2,300
Depreciation 5,800
Insurance 1,440
Licenses and fees 300
$17,640
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Compute Amelie's deduction before the 2% of AGI floor if she uses the actual cost method.
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Compute Amelie's deduction before the 2% of AGI floor if she uses the standard mileage method.
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Assume Amelie used the standard mileage method in 2013. In addition to the automobile expenses above, she made several business trips and incurred the following travel expenses:
Airfare$4,600
Hotel 1,860
Meals and entertainment720
Taxi fees and tips280
$7,460
None of the above expenses was personal in nature and she receive reimbursements from her employer of $4,476. If Amelie's AGI was $120,000, what is her deduction in 2013 after all limitations?