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Deductions & credits
Simple. You write it down. Just keep a log book for actual valid miles driven and separate personal use miles from business miles. Keep all receipts too.
If the vehicle is used for less than 100% business use, it can be rather difficult (if not impossible) to prove actual expenses for business miles driven. That's why it's generally better to take the per-mile deduction. You actually get more of a deduction that way in many situations.
If the vehicle is used for less than 100% business use, it can be rather difficult (if not impossible) to prove actual expenses for business miles driven. That's why it's generally better to take the per-mile deduction. You actually get more of a deduction that way in many situations.
‎June 3, 2019
10:54 AM