To comply with IRS regulations, a taxpayer's mileage log must contain __________. a. Dates the vehicle was used for business; purpose of the trip; estimated miles traveled for business; estimated miles traveled for commuting; estimated total miles the vehicle was driven the entire year for all purposes. b. Dates the vehicle was used for business; miles traveled for business; total miles the vehicle was driven the entire year for all purposes. c. Dates the vehicle was used for business; purpose of the trip; miles traveled for business; miles traveled for commuting; total miles the vehicle was driven the entire year for all purposes. d. A mileage log is not needed. Taxpayer's may use an average of business miles per month to calculate the expense deduction
The correct answer is C. Dates the vehicle was used for business; purpose of the trip; miles traveled for business; miles traveled for commuting; total miles the vehicle was driven the entire year for all purposes.