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Old 01-21-2007, 09:45 PM
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Join Date: Jan 2007
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What is the standard Mileage allowed in 2006?

Dear TaxGuru,

I currently use a car for my Insurance business, I drive a lot of miles and would like to use the standard mileage rate as I have driven 26,000 miles this year!

In relation to that what is the standard mileage allowed for 2006?

The other question I have is I would also like to deduct my car repair expense as I had substantial repairs on it this year, is this allowed if I choose the mileage rate?



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