Vehicle Deduction

IRS Mileage Rate 2026: What It Covers and How to Track It

IRS Mileage Rate 2026: What It Covers and How to Track It

If you drive for work as a freelancer, gig driver, or 1099 contractor, vehicle expenses are often one of the largest deductions on your Schedule C – and one of the most heavily scrutinized if your records don’t hold up. Here’s what the 2026 standard mileage rate actually covers, how it compares to tracking actual expenses, and what a log needs to include to survive an IRS review.

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