Over
Phone: (785) 827
-
1304
Fax: (785) 827
-
0383
318 W. Cloud St
Salina, KS 67401
www.randjsalinatax.com
MILEAGE
____ Discussed with the taxpayer the method of recordkeeping for mileage and gave
taxpayer a calendar to log in daily mileage for business purposes. Discussed with taxpayer the
way to log beginning of year and end of year odometer readings.
____ Went over the requirement of needing 3
rd
party verification for odometer readings.
____ Went over the standard mileage rate and what expenses it covers such as repairs,
license, fluids, fuel, etc. The only expense that can be taken in addition to the standard mileage
rate is interest paid on loan for the vehicle if in the case of the Schedule C taxpayer.
Vehicle Vehicle
Description
Beginning
Odometer
Reading
Ending
Odometer
Reading
Total Mileage Business
Mileage
1
2
3
4
5
Taxpayer _________________________________ Date ________________
Spouse ___________________________________ Date________________