How much can you deduct for mileage in 2023?
How much can you deduct for mileage in 2023? Beginning on January 1, 2023, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 65.5 cents per mile driven for business use, up 3 cents from the midyear increase setting the rate for the second half of 2022.
Is it worth it to claim mileage on taxes?
Claiming a mileage deduction is an important part of reducing taxes for anyone who owns a business or is self-employed and uses their vehicle for business.