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Deductions & credits
Entering mileage is used with the standard mileage rate, which applies to the reimbursement of auto expenses to partners or employees of a partnership. The IRS standard mileage rate for tax year 2024 is 67 cents/mile.
For vehicles owned by the partnership, enter actual expenses based on your accounting records under the Auto & Truck Expenses topic.
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March 14, 2025
7:05 PM