Forum Discussion
mich800
May 02, 2021Explorer
MitchF150 wrote:
I think the standard rate for my 'business miles' that I can claim against my company if I drive my vehicle on/for company business is 56 cents/mile or something like that? (basically 10 miles = $5.60)
I have no idea how that computes into a hauling service, but it's a start I guess??
Good luck, Mitch
That has nothing to do with transportation rates. That is simply the flat rate the IRS uses for reimbursement on business travel. You can always use actual costs on your taxes if your costs per mile are more than the standard rate.
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