What is the current tax write off for business milage for the 2006 tax year?

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What is the current tax write off for business milage for the 2006 tax year?

2006-12-18 10:16:27 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

3 answers

Yes, the standard mileage rate for business miles is 44.5c per mile and going up to 48c per mile for 2007.

2006-12-18 23:37:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Beginning Jan. 1, 2006, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) will be:

44.5 cents per mile for business miles driven;

2006-12-18 13:17:28 · answer #2 · answered by STEVEN F 7 · 1⤊ 0⤋

$.445 per mile for the standard mileage rate

2006-12-18 13:06:41 · answer #3 · answered by Anonymous · 1⤊ 0⤋