My standard mileage deduction is just over $5,000 for the year (I traveled almost 10,000 miles for work). When this is calculated in the TurboTax software my federal refund only increases by $350?
If I enter the gas purchases I was reimbursed for ($790) my federal refund ends up only being $150 more than it was before I even started entering my job related expenses.
This is my first year in my new job and I was under the impression that driving nearly 10,000 miles for work in my personal car would allow me much more of an increase in my refund? Am I missing something here?
Thanks so much
