Include more than fuel in annual cost-per-mile calculations to find out how much it actually costs to drive a mile. Start with your current vehicle, and then use this information to compare annual costs for a newer or more efficient vehicle. You can also use cost-per-mile information to ...
You may also use actual vehicle expenses. This deduction requires you to train documentation and any receipts related to driving costs, such as repairs, gas, depreciation, and maintenance. Try both methods to calculate mileage cost to determine which option will allow you to deduct the largest am...