Difference between revisions of "Calculate Mileage for Taxes"
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If you are an employee or self-employed worker who uses a vehicle for business purposes, unreimbursed mileage expenses are a possible itemized deduction. The federal government allows a certain amount of money per mile to be deducted for the designated areas of business, medical, moving and charitable travel. It is the responsibility of the employee or self-employed worker to keep track of that mileage over the year and correctly calculate mileage for taxes. You can learn what mileage is deductible and how to record it. | If you are an employee or self-employed worker who uses a vehicle for business purposes, unreimbursed mileage expenses are a possible itemized deduction. The federal government allows a certain amount of money per mile to be deducted for the designated areas of business, medical, moving and charitable travel. It is the responsibility of the employee or self-employed worker to keep track of that mileage over the year and correctly calculate mileage for taxes. You can learn what mileage is deductible and how to record it. | ||
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== Steps == | == Steps == | ||
===What Mileage Counts?=== | ===What Mileage Counts?=== | ||
