56 cents per mile is the standard mileage rate used to calculate the deductible costs of operating an automobile for business.
If you use the car for both business and personal purposes, you may deduct only the cost of its business use.
Business miles are considered those driven to and from a person's principal place of business.
Meetings with Clients
Travel to Work Sites
Errands to Pick Up Supplies
Only those who have a home office as their principal place of business can deduct mileage when driving to and from home for business-related purposes.
ALL business miles are deductible regardless of how much a person drives for work.
Other Car Expenses for parking fees and tolls attributable to business use are separately deductible.
Recordkeeping the law requires you to substantiate your expenses by adequate records/receipts or by sufficient evidence.
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