Frequently asked questions

What is the IRS mileage rate for 2026?

There are two. 72.5 cents per mile for January 1 through June 30, 2026, and 76 cents per mile for July 1 through December 31, 2026. The applicable rate is set by when the miles were driven.

Does the IRS require a mileage tracking app?

No. Publication 463 accepts a log, diary, notebook or any other written record. What matters is that it records the date, mileage, destination and business purpose of each trip, and that it is kept at or near the time of the trip.

Are parking and tolls included in the mileage rate?

No, they are deductible in addition to the standard mileage rate when they are business-related.

Can I switch between the standard mileage rate and actual expenses?

Only in one direction. You must choose the standard mileage rate in the first year the vehicle is available for business use in order to keep the option open. If you claim actual expenses in that first year, you cannot use the standard mileage rate for that vehicle later.

Is a deduction the same as getting that money back?

No. A deduction reduces the income you are taxed on. Its cash value is roughly the deduction times your marginal rate, plus self-employment tax for self-employed drivers.

Do I have to report gig income if I never received a 1099?

Yes. The IRS states that gig income must be reported whether or not a form was issued and regardless of how it was paid.

Is MileTruth available yet?

Not yet. It is in development. This site exists so the tax information is useful whether or not you ever install anything.