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Self-employed workers can claim their mileage deduction on their Schedule C form, rather than the ... If you're audited, the IRS will want to see a log that includes dates, destinations and ...
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The College Investor on MSNIRS Raises Standard Mileage Rate To 70 Cents for 2025The IRS just released their standard mileage rates for 2025. There was an increase of 3 cents from 2024 for the standard ...
One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...
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What is the standard mileage rate for 2024 tax returns?The Internal Revenue Service offers many tax deduction options for taxpayers when filing their tax returns. Deducting vehicle mileage is one ... lease Schedule C on Form 1040 is where you can ...
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