500 mi * $0.70 (the latest business mileage rate) = $350 This means you can claim a $350 business mileage deduction on your taxes. This calculation is exactly the same for medical and charity mileage deductions. Best practices for mileage tracking To get the maximum tax benefit, you’ll n...
Mileage rate: 60,000 miles + $239.80 one-way Typical cash price: $6,238 round-trip Redemption rate: 4.8¢ per mile Cost to purchase 61,200 miles (with a 70% bonus): $1,098 or $2,196 round-trip Cost to purchase exactly 60,000 miles at 1.79¢ per mile: $1,074 or $2,...
The proposed control strategy effectively reduces the demand power, decreases the energy consumption of the electric drive system, and extends the mileage of the vehicle. Keywords: control strategy; dynamic control; pure electric vehicle; speed-torque-current map 1. Introduction As the only source ...