I am often required to travel for work and I would like to deduct my gas expenses from my tax return. What is the standard IRS gas reimbursement?
You can only deduct gas expenses if you use your vehicle to drive for your job. The expenses you deduct must relate to the following :
- Main job
- Second job
- Both jobs
You can usually deduct unreimbursed vehicle expenses using one of these methods:
- Standard mileage rate — $0.535 per mile in 2017. If you use the standard mileage rate, you will not qualify for the IRS gas reimbursement and therefore cannot deduct the gas separately.
- Actual vehicle expenses
Divide the expenses between personal and business use based on the miles you drove both. ways. Report these expenses on Form 2106.
Related Resources
Virtual tax preparations let you complete your taxes online from the comfort of your home. Find out how easy remote tax preparations can be at H&R Block.
If you need help handling an estate, we're here to help. Learn how to file taxes for a deceased loved one with H&R Block.
Learn more about the potential tax benefits of charitable holiday giving. Your holiday donations may boost your refund, depending on the organization.
Learn more about earned income credit eligibility and get tax answers at H&R Block.
