Not an entitlement, a tax deduction. Last time it was .50&, year before was .55$. Not a huge change.
Originally Posted by acmanko
It is indeed a huge tax deduction. I may not understand the math very well but I know my mileage makes a huge difference on my income tax bill. 20k miles is nothing, so that is about 10k in deduction? Almost pays to drive around in circles at that rate. And I do, although not to save on my taxes, I am usually just lost.
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