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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
17618 posts

re: IRS Mileage Log

You couldn't be more wrong. There are all sorts of methods that are acceptable for recording business mileage. I advise my clients to keep a daily log of locations they drove to, and we can use Google or Yahoo maps to determine the distance if necessary.


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iAmBatman
USA Fan
The Batcave
Member since Mar 2011
5667 posts
Online

re: IRS Mileage Log
quote:

You couldn't be more wrong. There are all sorts of methods that are acceptable for recording business mileage. I advise my clients to keep a daily log of locations they drove to, and we can use Google or Yahoo maps to determine the distance if necessary.



Image: http://1.bp.blogspot.com/-bfm8tinFZ1o/TlE7Zp9g7XI/AAAAAAAACsU/Yap2h1ZOefY/s400/ace_ventura.gif


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log
I wonder if vehicle history report helps. Like keeping track of oil changes and other maintenance with the odometer reading showing on receipt.


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NaturalBeam
LSU Fan
Member since Sep 2007
13213 posts

re: IRS Mileage Log
I just write off my monthly payments, and all my gas expenditures. Should I not be doing that?


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log


bubbz
Baylor Fan
Team Boxtard
Member since Mar 2006
18965 posts

re: IRS Mileage Log
My wife uses her calendar book and logs her starting and ending mileage each day. I add it at the end of the year and claim it as mileage.


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log
Has she ever been audited?


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GeismarGeauxer
LSU Fan
Geismar
Member since Dec 2009
2124 posts

re: IRS Mileage Log
Is going from home to work and back considered business or personal?


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log
Personal


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specchaser
LSU Fan
lafayette
Member since Feb 2008
857 posts
Online

re: IRS Mileage Log
does the irs ask for you bank account records in an audit? seems like it would be very easy for the irs to see that you're double dipping on a mileage deduction if you get reimbursed


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log
You can reimburse the difference if you are not getting the full 55 cents per mile. Example: company pays you 35 cents a miles you can claim the 20 cent difference.


Lsupimp
LSU Fan
Rent free;Liberal Brains everywhere
Member since Nov 2003
35432 posts

re: IRS Mileage Log
I drive about 40k a year for business.
I keep a daily log, and just write "Houma, Bourg, Shriever-3 appts"-"Lafayette, Youngsville, Scott" on the log. I fill in the mileage at the end of each month. I have all the names on Google calendar which I can recreate and print out for the IRS in minutes.


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log
Have you been audited?


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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
17618 posts

re: IRS Mileage Log
My experience is that you would have no problems substantiating your claimed mileage with such records.


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log
What about just vehicle history report with the odometer reading for all oil changes/maintenance as well as a job description stating what you do everyday, would that suffice?


Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
17618 posts

re: IRS Mileage Log
You would likely be allowed some mileage, but probably less than you would like to claim. If you kept a calendar with daily appointments you'd do better.


Paul Allen
Notre Dame Fan
Baton Rouge, LA
Member since Nov 2007
33900 posts

re: IRS Mileage Log
Thanks


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Putty
LSU Fan
Member since Oct 2003
21848 posts

re: IRS Mileage Log
quote:

you can claim whatever mileage you want and it won't be an issue...unless you get audited


just log your non-business miles for the whole year at about 7 miles and then deduct them from your total mileage and you're good.

DISCLAIMER: I am not a tax professional and don't even deduct mileage personally...but frick the IRS


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BayouBengal
LSU Fan
München
Member since Nov 2003
26863 posts

re: IRS Mileage Log
quote:

Is going from home to work and back considered business or personal?


Personal. I work for a consulting firm and we charge mileage only for the miles in excess of your home to our office. You'd drive those miles regardless. It's a cost of living.


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