IRS Mileage Log | Page 2 | TigerDroppings.com

Posted byMessage
Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
15768 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.





Back to top
  Replies (0)
iAmBatman
USA Fan
The Batcave
Member since Mar 2011
4479 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.









Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 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.





Back to top
  Replies (0)
NaturalBeam
LSU Fan
Member since Sep 2007
13121 posts

re: IRS Mileage Log


I just write off my monthly payments, and all my gas expenditures. Should I not be doing that?





Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 posts

re: IRS Mileage Log








Back to top
bubbz
Baylor Fan
Team Boxtard
Member since Mar 2006
18213 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.





Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 posts

re: IRS Mileage Log


Has she ever been audited?





Back to top
  Replies (0)
GeismarGeauxer
LSU Fan
Geismar
Member since Dec 2009
2029 posts

re: IRS Mileage Log


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





Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 posts

re: IRS Mileage Log


Personal





Back to top
  Replies (0)
specchaser
LSU Fan
lafayette
Member since Feb 2008
702 posts

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





Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 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.





Back to top
Lsupimp
LSU Fan
Rent free;Liberal Brains everywhere
Member since Nov 2003
31812 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.






Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 posts

re: IRS Mileage Log


Have you been audited?





Back to top
  Replies (0)
Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
15768 posts

re: IRS Mileage Log


My experience is that you would have no problems substantiating your claimed mileage with such records.





Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 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?





Back to top
Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
15768 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.





Back to top
Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
30367 posts

re: IRS Mileage Log


Thanks





Back to top
  Replies (0)
Putty
LSU Fan
Member since Oct 2003
21486 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






Back to top
  Replies (0)
BayouBengal
LSU Fan
München
Member since Nov 2003
26720 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.






Back to top
  Replies (0)


Back to top