What Is the Standard Mileage Deduction?
If you’ve ever filed your tax returns, you know that a standard mileage deduction is an option that many taxpayers find attractive. However, there are several situations when you can’t take advantage of this deduction. Among those circumstances are medical bills, moving expenses, and business expenses. This article will discuss each of these situations and what you can do to benefit from it. In addition, you’ll be surprised to find out that you can deduct more than the standard mileage deduction.