IRS Reporting Requirements for Mileage Deduction
IRS regulations and guidance provide that to qualify for the mileage deduction you are required to have a record of four facts when you drive your car for business:
- time and date of the drive
- total distance of the drive
- destination of the drive, and
- business purpose of the drive. (IRS Reg. 1.274-5T(b)(6); IRS Publication 463,
