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Vehicle business mileage tax deduction?

So when I drive my vehicle for business, do I deduct the mileage traveled one way, or too and from?

5 Answers

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  • Bobbie
    Lv 7
    7 years ago

    Read the instruction very slowly and carefully to make sure that you are doing all this correctly at this time in your life.

    Go to the www.irs.gov website and use the search box for Publication 463 and then go to chapter 5 for Recordkeeping

    www.irs.gov/publications/p463/ch05.htm…

    How To Prove Expenses

    What Are Adequate Records?

    What If I Have Incomplete Records?

    Separating and Combining Expenses

    How Long To Keep Records and Receipts

    Examples of Records

    If you deduct travel, entertainment, gift, or transportation expenses, you must be able to prove (substantiate) certain elements of expense. This chapter discusses the records you need to keep to prove these expenses.

    You do have to QUALIFY to choose use the schedule A itemized deduction of the 1040 income tax return because your standard deduction amount for the 2013 tax year is 6100 and the above total amount is only 1900 during the 2013 tax filing season for this time and purpose in your life.

    Go to the www.irs.gov and use the search box for Topic 501 Should I Itemize?

    www.irs.gov/taxtopics/tc501.html

    Hope that you find the above enclosed information useful. 01/02/2014

  • 7 years ago

    It depends. In general the ride from and to your home are not deductible. The rest of the mileage during the day (from one business location to another, not going out for lunch) is.

  • 7 years ago

    If you are driving from home or to home, then you don't deduct either direction.

    You only deduct driving from one place that you work and don't live to another place that you work and don't live.

    If you drive back to the first place that you work and don't live, then you deduct both directions.

  • Judy
    Lv 7
    7 years ago

    All of the business miles both ways.

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  • 7 years ago

    Round trip if you are going back.

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