Is Mileage Worth Deducting?
But, be sure to follow the rules and have a compliant mileage log. For 2020, the standard mileage rates are: 57.5 cents per mile for business (was 58 cents in 2019) 17 cents per mile for medical (was 20 cents in 2018)
When to use standard mileage on business miles?
You must use the standard mileage rate the first year you use a car for business. If you fail to do so, you are forever stuck using that method for that car. You can switch between the modes but only if you use the standard mileage rate the first year. It’s a good idea to use the standard mileage rate the first year you use the car for business.
Do you have to deduct miles from your commute?
However, sales staff who are office based but still travel for their work will need to deduct the number of miles that their normal commute would take.
