Loading…
0
I called BS on the 1099 mileage deduction for my shop truck until my CPA showed me the actual math
Two years ago I figured writing off 56 cents a mile was one of those internet myths that falls apart the second you try it for real, but my accountant walked me through the standard mileage rate vs actual expense setup for my 2019 Transit and the simple version beat my receipts by $1,840, so now I'm wondering if anyone else here runs the standard rate on a vehicle that's mostly work only.
0 comments
Log in to join the discussion
Log In0 Comments
No comments yet
Be the first to share your thoughts on this discussion.