HOPE2
Level 9
06-23-2024
05:27 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi everybody.
My client has a Tesla and drives for Uber. He drove 45,000 miles in 2023. Can I consider the standard mileage rate (miles * 65.5 cents) for him, given that the car is electric?
Thanks for help!
Best Answer Click here
Labels
TaxGuyBill
Level 15
06-23-2024
05:45 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes (assuming he meets all the requirements). There is no restriction against using the Standard Mileage Rate for electric vehicles.