You can claim the
mileage deduction for the business use of your vehicle, but only if you will have to itemize your deductions.in order to take the mileage deduction.
Additionally, the deduction is allowed only for the amount that is more than 2%
of your Adjusted Gross Income (AGI).
It is very difficult
to qualify for this deduction. That's because the expense limit is so high. In
order to qualify, your job-related expenses must be more than 2% of your AGI
(adjusted gross income).
Example: If your AGI
is $40,000, your expenses would have to be more than $800 ($40,000 x 2%). Even
then, you could only deduct the amount over $800. So, if your job-related
expenses were $1,000 you could only deduct $200 ($1,000 - $800).
