Can I report as "Other Income" the $6,000 I made from providing day care services?
What is the standard mileage deduction for the use of a vehicle in a business?
Can I take a business deduction for the small cash donations my business makes to various qualified charities in the neighborhood? I am a sole proprietor.
Will my self-employment income affect the amount of income I receive as Social Security benefits?

What is the standard mileage deduction for the use of a vehicle in a business?

AARP Foundation Tax-Aide Online Tax Assistance

January 01, 2024 21:25
Updated

The rate varies by year and sometimes changes within a year. The rate or rates are available at this website: https://www.irs.gov/tax-professionals/standard-mileage-rates.

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