alt Hacker NewsThe standard tax deduction for car travel is $0.70 / mile in the US, which accounts for things like insurance, gas, maintenance, and depreciation. So $500 / month is around 700 miles, which probably around 90% of US drivers surpass.
The standard tax deduction for car travel is $0.70 / mile in the US, which accounts for things like insurance, gas, maintenance, and depreciation. So $500 / month is around 700 miles, which probably around 90% of US drivers surpass.
There is no tax deduction (in the US) for vehicle use that is non-business related.