How to enter the standard mileage rate in a business tax return
How to enter the standard mileage rate in a business tax return
SYMPTOMS
You are unable to enter a vehicle with the standard mileage rate in a business tax return or you cannot find where to enter the standard mileage.
CAUSE
The standard mileage rate is only allowed for self-employed individuals or employees. Partnerships and corporations cannot use the standard mileage rate. See IRS Notice 19-05
RESOLUTION
For a business tax return, you’ll need to use the actual expense method.
