Mileage Tax Deduction Calculator
Business Mileage Deduction
Calculate IRS deduction for self-employed business driving
miles
miles
Formula
Deduction = Business Miles × $0.67 (2024 IRS rate) | Tax Savings = Deduction × (Tax Bracket + 7.65% SE)
Frequently Asked Questions
What is the 2024 IRS mileage rate?
The 2024 IRS standard mileage rate is 67.0 cents per mile for business driving (up from 65.5¢ in 2023). Medical/moving rate is 21¢/mile. Charitable driving is 14¢/mile. These rates are set by the IRS and updated annually.
Can gig workers deduct mileage?
Yes. Rideshare drivers and delivery workers can deduct business mileage using the IRS standard rate (67¢/mile in 2024). This includes miles driven while carrying passengers/deliveries AND deadhead miles driving to pickup zones. Personal commuting miles are NOT deductible.
How do I track mileage for taxes?
Use a mileage tracking app (MileIQ, Stride, TripLog) that automatically logs trips via GPS. You need: date, destination, purpose, and miles for each trip. Manual logs (notebook/spreadsheet) are acceptable but risky — apps create an automatic contemporaneous record.
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