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Mileage deduction · 2026★ 200+ Google Reviews

The 2026 mileage deduction for drivers.

For 2026 the IRS business mileage rate is 72.5 cents per mile. For many drivers it’s the biggest deduction on their return.

The rate

How the mileage deduction works

Item2026
IRS business mileage rate72.5¢ per mile
Tolls and parkingDeducted on top
Gas, insurance, repairsAlready included in the rate
First-year rule (owned car)Choose the mileage rate in the car’s first business year to keep the option
Leased carIf you choose the mileage rate, keep it for the whole lease

Sources: IRS: 2026 standard mileage rate (72.5¢) · IRS: Topic 510, business use of car

Example

Miles add up fast

Example

A full-time driver logs 30,000 business miles in 2026.

30,000 miles × 72.5¢$21,750
Mileage deduction$21,750

Source: IRS: 2026 standard mileage rate (72.5¢)

Records

Keep a mileage log

Write down the date, starting point, destination and miles, or use a mileage app. Online miles in your Uber and Lyft summaries help, but miles driven between rides and to pick-ups can count too. The IRS requires records that support your deduction.

Source: IRS: Topic 510, business use of car

One visit, everything done

File your taxes and handle your TLC insurance in the same office.

Thousands of New York City drivers already insure with Syed Insurance Agency. Now the same office prepares your taxes too, with a licensed CPA, at the best price in the market. Bring your Uber or Lyft tax documents and your TLC policy, and we take care of both.

Questions

Frequently asked

What is the IRS mileage rate for 2026?

72.5 cents per business mile.

Can I use the mileage rate and deduct gas too?

No. Gas, insurance and repairs are included in the mileage rate. Tolls and parking can be added.

Sources: IRS: 2026 standard mileage rate (72.5¢) · IRS: Topic 510, business use of car

Figures and rules on this page come from the official and published sources linked above, as of November 2026. People and numbers in the examples are made up to explain the idea. This page is general information, not tax or legal advice for your situation, and laws change; check the linked source or ask a licensed CPA before you act.

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