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Claiming Vehicle Miles Driven Other Than Business Purposes

Online tax preaparation software, such as TurboTax, will find all of the IRS mileage tax deductions for you. Some other purposes include mileage for medical purposes, charitable driving and there are others which you can research for yourself through any quality tax preparation software program.

2011 Standard Deduction

IRS Mileage Rate Means Keeping a Record of Miles Driven

Because the IRS mileage rate involves documenting mileage, it is typically much easier to apply. All you need are mileage logs and the current mileage tax deduction rate allowed by the IRS.

But it may not always provide the best mileage tax deduction you can get. By the time you add up all of the expenses you are entitled to for actual expenses, it’s not unlikely they will exceed the IRS standard deduction rate amount you could take.

Actual Expenses of Owning and Operating a Vehicle

Actual expenses include depreciation, licenses, gas, oil, tolls, lease payments, insurance, garage rental, parking, registration fees, repairs, maintenance, tire costs, etc. Expenses for personal property taxes and parking are tax deductible even if you do take the standard mileage deduction.