Deduction for Mileage?

Don Quixote de la Mancha quixote at dulcineatech.com
Sat Jan 2 20:34:18 EST 2010


The US IRS allows a deduction of 55 cents per mile for business use of a car.

Is there a way to account for this by entering the miles directly,
then having GnuCash figure the deduction?

Now it would work for me to just multiply the miles by 0.55 and enter
the dollar amount.  But I think the IRS wants to see the miles.

The 2009 rates are given here:

http://www.irs.gov/newsroom/article/0,,id=200505,00.html

There are separate rates for moving, medical and charitable use.

Thanks,

Don Quixote
-- 
Don Quixote de la Mancha
quixote at dulcineatech.com
http://www.dulcineatech.com

   Dulcinea Technologies Corporation: Software of Elegance and Beauty.


More information about the gnucash-user mailing list