Tax Deduction For Mileage 2024. Whether you’re an uber or lyft driver or simply using your own car to drive between client meetings, the mileage tax deduction can save you significantly at tax time. 1, 2024, the standard mileage rates for the use of a car, van, pickup or panel truck will be:
For the 2023 tax year, the standard mileage rate for business use is 65.5 cents per mile. The increase would be from the current rate of 14 cents per mile to the irs’ business rate,.
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