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2. Mileage Reimbursement Rate for 2023: What To Expect - AOL

   www.aol.com/finance/mileage-reimbursement-rate...

   Truck drivers get the standard mileage rate of 65.5 cents per mile. This rate increased from 62.5 cents per mile as of January 2023. To figure out your deduction, take the number of miles driven ...

3. Taxes 2024: IRS Increases Mileage Standard Deduction ... - AOL

   www.aol.com/finance/taxes-2024-irs-increases...

   The Internal Revenue Service announced an increase in the standard mileage rates when people use their vehicles for business use. The standard mileage deduction rose to 67 cents per mile, up 1.5 ...

4. Write off your mileage? The IRS expands the deduction ... - AOL

   www.aol.com/write-off-mileage-irs-expands...

   On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...

5. IRS mileage rate for business goes up by 1.5 cents for 2024 - AOL

   www.aol.com/irs-mileage-rate-business-goes...

   The IRS standard mileage rate is a key benchmark used by the federal government and many businesses to reimburse employees for out-of-pocket expenses. IRS mileage rate for business goes up by 1.5 ...

6. Is car insurance tax deductible? - AOL

   www.aol.com/finance/car-insurance-tax-deductible...

   February 13, 2024 at 11:35 AM. Car insurance can only be claimed as a tax deduction in specific circumstances. It can’t be deducted for personal vehicles, but if your vehicle is used for ...

7. How Much Car Can I Afford? How To Calculate - AOL

   www.aol.com/finance/much-car-afford-calculate...

   3. Do Your Research. Armed with your credit score, it’s time to figure out what kind of car you realistically can afford. Go back to the 20/4/10 rule. If you bring home $4,200 a month after ...

8. Tax Tips: Writing Off Mileage on Your Tax Forms - AOL

   www.aol.com/news/2010-01-16-tax-tips-writing-off...

   For 2008, the rate used to calculate deductible driving costs was 50.5 cents from January to June and 58.5 cents for the last six months. It's all determined by transportation costs, and if you ...

9. 10 Best States for Mileage Deductions - AOL

   www.aol.com/finance/10-best-states-mileage...

   Vermont. Despite a lower sales tax rate, Vermont residents pay a little more than Ohioans to own their cars -- $21,737 over five years, to be exact. The $1,100 annual insurance bill is $357 ...