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A business mileage deduction calculator computes the tax deduction for business driving using the IRS standard mileage rate (67 cents/mile in 2024) or actual vehicle expense method. Keeping a mileage log with date, destination, and business purpose is required to substantiate deductions. Medical and charitable mileage use lower rates.

Guida passo passo

  1. 1Track business vs personal miles
  2. 2Apply IRS standard mileage rate
  3. 3Calculate deduction

Esempi risolti

Ingresso
10,000 business miles, $0.67 rate
Risultato
$6,700 deduction
Keep mileage logs

Errori comuni da evitare

  • Not verifying results
  • Ignoring jurisdiction

Domande frequenti

What does this calculator do?

Identify calculation need

How do I use this calculator?

Input required values

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