The Coupon Challenge

Hampton Roads (Virginia) Coupon Blog

  • Home
  • About
    • Contact
  • Coupons 101
    • Couponing Basics
    • Stock-up Price Guide
    • Printable Coupon Planner
  • Shop Smart
    • Amazon Deals
    • Retail Deals
    • Freebies >>
      • Birthday Freebies
      • Free eBooks
  • Find Coupons
    • Coupon Database
    • Printable Coupons >>
      • Coupons.com
      • RedPlum.com
      • SmartSource.com
      • Hopster.com
  • Frugal Living
    • Budgeting 101
    • Eliminate Debt & Curb Spending
    • How to Save Money at…
    • “Other Uses” Articles
    • Crafts
  • Recipes

Ask an Accountant: Mileage Rate Deductions

by Dana Zeliff on December 26, 20112011-12-26
in Worth Reading

Disclosure: This post may contain an affiliate link.

Thanks to Mom on Dealz for sharing her series, Ask an Accountant!  Sharon is married to an experienced accountant.  We’re heading back into tax season so get your tax questions answered from a professional.

See more Ask an Accountant posts to see if you’re tax question has been answered.

Question:

I travel quite a bit to teach coupon classes. Can I deduct the mileage? If so, what are the rates?

Answer:

Yes you can! 2011 was split in rates for this deduction. The following chart from the IRS website provides you with the dates and rates for mileage deduction.

Note:Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

Please keep in mind this post is for informational purposes only and answers given are very general. Do not rely on this column for definite tax answers as many things depend on individual circumstances. Please contact your personal accountant or financial advisor for your particular situation.

photo credit: austinpost.org

IRS Circular 230 Notice: Any U.S. tax advice in this written or electronic communication was not intended or written to be used, and it cannot be used by the taxpayer, for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions

Filed Under: Worth Reading Tagged With: Ask an Accountant

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


BGt

Shop Amazon

Let’s Cook








Categories

Join Me on Pinterest!

About The Coupon Challenge

Hi! I'm Dana, the writer behind the scenes of The Coupon Challenge, a Hampton Roads, VA based coupon blog. I'm a wife and mother of 2. After getting out of debt we started using our savings to travel together as a family and create memories.

Are you looking for ways to save your family money? I strive to help you save on the products you need, so you can spend more on the things you want. Read More about Dana & Family

Best of…

:: Weight Watchers Banana Bread Recipe
:: 16 Other Uses for Listerine
:: Quick Easy Chocolate Frosting Recipe
:: Busch Gardens Williamsburg Discount Tickets
:: Yankee Candle Printable Coupons
:: Printable Snack Coupons

Copyright 2015 The Coupon Challenge. All Rights Reserved.

Proudly Hosted by WP Covered using the Genesis framework.
Disclosure & Privacy Policy