shirleyh88
Employee Tax Expert

Self employed

Hello Chuckv18!

Are you sure $0.55/mile was deducted on your 2020 return for the business miles you drove? The 2020 standard mileage rate per the Internal Revenue Service (IRS) is $0.575 per mile, and the 2021 rate is $0.56/mile.  Please refer to the link below: 

https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2020 

https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2021 

 

Please let me know if this answers your questions, or if I can be of further assistance.

Thank you!

Shirleyh88

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