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Sample 1: Keep Track of Mileage in Record-Keeping

Depending on your bracket, you could save at least $100/year in taxes if you drive twenty miles/week for business (grocery store, library, bank,etc.).

Use this handy calculator to see how deductions can add up. Begin by estimating your mileage for a typical week. Use your mouse or tab key to move from box to box.

1. Type in your Destinations.
2. Enter the total Miles (round trip) for each.
3. Look at your weekly and annual deductions.

Sample 2:
Sample 3:
Contents


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Mileage Calculator
Destination Miles Deduction
$
$
$
$
$
$
Weekly Deductions:
$
Annual Deductions:
$
Yearly Tax Savings (25%):
$
Yearly Tax Savings (43%):
$

 

 

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