Tracking your mileage is necessary whether you use the actual expense method or standard mileage allowance for claiming the deduction. You will not be able to claim a deduction if you have no records.You'll need to keep an accurate mileage log each year you attempt to claim a deduction. Your mileage log must include: The date of your trip Your starting point Your destination The purpose of your trip Your vehicle's starting mileage Your vehicle's ending mileage Tolls or other trip-related costsYou can keep a mileage log in a notebook and update it by hand, or use a spreadsheet to continuously track your mileage. You can also use a mileage-tracking app.

Question

Should I ask a contractor? This is our first year filing self-employment. We did not document mileage. We didn't know. What is my next step?

Forum|Forum|5 years ago
March 7, 2021
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TurboTax Self Employed Online

M

MayaD

Tracking your mileage is necessary whether you use the actual expense method or standard mileage allowance for claiming the deduction. You will not be able to claim a deduction if you have no records.

You'll need to keep an accurate mileage log each year you attempt to claim a deduction. Your mileage log must include:

The date of your trip
Your starting point
Your destination
The purpose of your trip
Your vehicle's starting mileage
Your vehicle's ending mileage
Tolls or other trip-related costs

You can keep a mileage log in a notebook and update it by hand, or use a spreadsheet to continuously track your mileage. You can also use a mileage-tracking app.

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