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Agree with tax man. Be sure to record 1/1 odometer reading!
Posted by  JanetK_CA of CA on 1/2/21 3:38pm Msg #628048
I've always heard the same as your tax man from various sources. What I've been told is that the best way to prevail in an audit is to keep a continuous record of odometer readings. A very quick search lead me to a great tidbit on "How to Log Mileage for Taxes in 8 Easy Steps".

http://www.investopedia.com/articles/taxes/090316/how-log-mileage-taxes-8-easy-steps.asp

Here's the critical part, but I recommend anyone with any doubt read the whole thing:

"4. Maintain Driving Log (If Needed)

If you choose the standard mileage deduction, you must keep a log of miles driven. The IRS is quite specific on this point:

At the start of each trip, the taxpayer must record the odometer reading and list the purpose, starting location, ending location, and date of the trip.
At the conclusion of the trip, the final odometer must be recorded and then subtracted from the initial reading to find the total mileage for the trip.

This log must be maintained regularly. The IRS does not care for ballpark figures."

Anyone can print out a Google maps itinerary for any trip, but that doesn't prove you actually drove that. Ongoing, consecutive odometer readings, along with business purpose and who you visited, is considered solid documentation.
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Messages in this Thread
 FAVORITE MILEAGE APP - Luci Delesbore on 12/31/20 9:30am
 Re: FAVORITE MILEAGE APP...not an app, but - Linda_H/FL on 12/31/20 9:34am
 Re: FAVORITE MILEAGE APP -  Cheryl Elliott on 12/31/20 10:05am
 MileiQ n/m - Calnotary on 12/31/20 2:19pm
 Re: FAVORITE MILEAGE APP -  Amigoaz on 12/31/20 4:21pm
 Old school - Luckydog on 1/1/21 12:49pm
 Re: Old school - Luci Delesbore on 1/2/21 10:38am
 Agree with tax man. Be sure to record 1/1 odometer reading! -  JanetK_CA on 1/2/21 3:38pm
 Re: Old school - Luckydog on 1/2/21 6:02pm
 Re: FAVORITE MILEAGE APP - Clem/CA on 1/1/21 1:23pm
 TripLog - Kellosh/CA on 1/2/21 6:28pm
 Re: FAVORITE MILEAGE APP - Michael Bower on 1/4/21 12:05am
 Re: FAVORITE MILEAGE APP - Victoria Watts on 4/6/21 6:33pm



 
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