PATAX
Level 15
12-14-2023
03:20 PM
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IRS has announced standard mileage rate has increased to 67 cents. Massive increase of one and a half cents. Don't spend all of that money in one place.😉
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BobKamman
Level 15
12-14-2023
04:00 PM
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Feel free to claim actual expenses. I remember once being asked what the rate was for motorcycles. I forget the answer. Does a sidecar make a difference? What about an EV that gets the equivalent of 75mpg? Does it matter if it qualified for a $7,500 tax credit?
IRonMaN
Level 15
12-14-2023
04:06 PM
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I am planning on blowing all of that extra cash at the Intuit badge shop. I'm sure they must still have some pretty badges that I don't already have. 😜
Slava Ukraini!
