Are you looking for Reliable Online Writing Services? We are Here For you. Our Professional Tutors Can Handle Any Kind of Assignment. Don’t Use Plagiarized Sources. Get Your Perfect Paper Today! Click Here To Order.

Amelie is an employee who uses her personal automobile in connectionwith her job. During 2017​, Amelie drove her car a total of 28,000 miles. Her business log shows that she drove 22,400 miles for business purposes. She is reimbursed $0.30 per mile from her employer for her business miles and she makes an adequate accounting to her employer. During 2017​, Amelie incurred the following actual expenses based on​ 100% use, that​ is, 28,000 total​ miles: ​(The standard mileage rate method permits a deduction based on a mileage rate of 53.5 cents per mile for the year 2017​.)Gas and oil $7,800Repairs and maintenance 1,200Depreciation 5,800Insurance 1,440Licenses and fees 300 $16,540.Requirement a. Compute Amelie​’s deduction before the 2% of AGI floor if she uses the actual cost method.Under the actual cost method, her deduction in 2017 before the 2% of AGI floor is $6,512 (I know this is correct).Requirement b. Compute Amelie​’s deduction before the 2% of AGI floor if she uses the standard mileage method.Under the standard mileage method, her deduction in 2017 before the 2% of AGI floor is $5,264 (I know this is correct).Requirement c. Assume Amelie used the standard mileage method in 2017 and received the 30 cents per mile reimbursement. In addition to the automobile​ expenses, she made several business trips and incurred the following travel​ expenses; airfare $4,600​, hotel $1,860​, meals and entertainment $720​, and taxi fees and tips $280. None of the above expenses were personal in nature and she received total reimbursements​ (including the mileage​ reimbursement) from her employer of $11,220. If Amelie​’s AGI was $120,000​, what is her deduction in 2017 after all​ limitations?​Let’s begin by calculating the 2017 deduction after reimbursement and before the 2% of AGI floor. ​(If an input field is not used in the​ table, leave the input field​ empty; do not select a label or enter a zero. Do not round intermediary calculations. Only round the amount you enter in the input field to the nearest dollar. Enter all amounts to arrive at the​ “Total expenses​ incurred” at​ 100% of the​ value.)   Fully-Deductible Expenses Expenses Subject to 50% DeductionAutomobile expenses AirfareHotelMeals and entertainmentTaxi fees and tips Total expenses incurredMinus: ??? Total expenses net of reimbursement Minus: ????? Deductions after reimbursement  d.How would your answers to Parts a through c change if the tax year were 2018 rather than 2017​?e.How would your answer to Part a above change in 2018 if Amelie were​ self-employed? Law Social Science Tax law FEDERAL TA AC256