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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.
Водич корак по корак
- 1Track business vs personal miles
- 2Apply IRS standard mileage rate
- 3Calculate deduction
Worked Examples
Инпут
10,000 business miles, $0.67 rate
Резултат
$6,700 deduction
Keep mileage logs
Common Mistakes to Avoid
- ✕Not verifying results
- ✕Ignoring jurisdiction
Frequently Asked Questions
What does this calculator do?
Identify calculation need
How do I use this calculator?
Input required values
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