I started driving for Amazon Flex in November, yet only found out about the standard mileage deduction last week. I have a log of every "Block" I drove for Amazon Flex, would it be foolish of me to eyeball the number of miles driven based on the distance from my home-to-warehouse and estimate of how many miles I drove for each Block? For example, a 2-hour block would require me to go to the Warehouse (9.1 miles away) and drive for at least 10 miles, so for a 2-hour block I would say that was 19.1 miles driven.
You'll need to sign in or create an account to connect with an expert.
No, you can't guess at your mileage.
The IRS tends to be strict in its documentation requirements for business mileage deductions. For this reason, you'll need to keep a thorough, accurate mileage log each year you attempt to claim a deduction.
Your mileage log must include the starting mileage on your vehicle's odometer at the beginning of the year and its ending mileage at the conclusion of the year. Each time you use your vehicle for business purposes, you must record the following information:
You can keep a mileage log in a notebook and update it by hand, or use a spreadsheet to continuously track your mileage. You can also use a mileage-tracking app. The key is to update your records regularly to ensure that they're precise. Additionally, the IRS requires you to keep your mileage log for three years from the date on which you file the income tax return containing your deduction.
For additional information, click on 2017 Publication 463 - IRS.gov, Chapter 5, page 26 Table 5-1.
No, you can't guess at your mileage.
The IRS tends to be strict in its documentation requirements for business mileage deductions. For this reason, you'll need to keep a thorough, accurate mileage log each year you attempt to claim a deduction.
Your mileage log must include the starting mileage on your vehicle's odometer at the beginning of the year and its ending mileage at the conclusion of the year. Each time you use your vehicle for business purposes, you must record the following information:
You can keep a mileage log in a notebook and update it by hand, or use a spreadsheet to continuously track your mileage. You can also use a mileage-tracking app. The key is to update your records regularly to ensure that they're precise. Additionally, the IRS requires you to keep your mileage log for three years from the date on which you file the income tax return containing your deduction.
For additional information, click on 2017 Publication 463 - IRS.gov, Chapter 5, page 26 Table 5-1.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
dDub
Level 1
patricialeyn
New Member
bauera513
New Member
silver607885
Level 2