What Employee Mileage Is Tax Deductible?
The Internal Revenue Service allows taxpayers to claim a deduction for certain miles driven as part of their employment. However, the deduction is an itemized deduction which means you must give up the standard deduction.Qualified MilesQualified employee mileage includes miles driven while at work on behalf of your employer. You can also deduct miles driving from one job to another or from a job to schools.Deduction ValueThe Internal Revenue Service sets the mileage deduction rate on an annual basis. For 2010 business miles are deductible at a rate of $0.50 per mile.ReportingMileage is deducted as a reimbursed employee expense on Schedule A.
