Skip to main content
January 22, 2024
Question

I charge clients for miles over a certain distance do I deduct that from my income or from my overall mileage.

  • January 22, 2024
  • 2 replies
  • 0 views

I have miles that I charge clients for.  Do I deduct that from my income or from my overall mileage?

 

2 replies

DoninGA
Employee
January 22, 2024

You include the income you charge for mileage and then you claim the mileage as a vehicle expense.

January 22, 2024

Thank You

Employee
January 22, 2024

You report all your gross income, no matter what you put on the invoice to justify it.

 

Separately, you can deduct vehicle mileage for work-related travel and transportation (if you are self-employed) according to the rules in IRS publication 463, regardless of whether you billed separately for it.

https://www.irs.gov/pub/irs-pdf/p463.pdf