Mickey is a 12-year-old dialysis patient. Three times a week for the entire year, he and his mother, Sue, drive 20 miles one way to Mickey's dialysis clinic. On the way home, they go 10 miles out of their way to stop at Mickey's favorite restaurant. Their total round trip is 50 miles per day. Required: How many of those miles, if any, can Sue use to calculate an itemized deduction for transportation? Use the medical mileage rates in effect for 2022, 18 and 22 cents a mile per each half of the year, to determine the deduction, based upon their driving being accrued evenly throughout the year. Compute Itemized deduction. Note: Round your "Itemized deduction" answer to 2 decimal places. Number of miles to be used Itemized deduction > Answer is complete but not entirely correct. $ January through June July through December 6,240 X 1,123.20 S 6240 X 1,372.80

Mickey is a 12-year-old dialysis patient. Three times a week for the entire year, he and his mother, Sue, drive 20 miles one way to Mickey's dialysis clinic. On the way home, they go 10 miles out of their way to stop at Mickey's favorite restaurant. Their total round trip is 50 miles per day. Required: How many of those miles, if any, can Sue use to calculate an itemized deduction for transportation? Use the medical mileage rates in effect for 2022, 18 and 22 cents a mile per each half of the year, to determine the deduction, based upon their driving being accrued evenly throughout the year. Compute Itemized deduction. Note: Round your "Itemized deduction" answer to 2 decimal places. Number of miles to be used Itemized deduction > Answer is complete but not entirely correct. $ January through June July through December 6,240 X 1,123.20 S 6240 X 1,372.80

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter3: Income Sources

Section: Chapter Questions

Problem 35P

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