How do I claim gas cost for a home-based business?

Question by lois r: How do I claim gas cost for a home-based business?
I am in the process of starting a business out of my home which will require me driving once in a while. How do I claim it? Do I get a receipt for gas whenever I put gas in my car on the days when I am using it for activities related to my business. Or do I record the mileage from point A to Point B-like if I go to the print shop?

Best answer:

Answer by Henry
Keep track of your mileage and take the standard IRS mileage allowance.

Give your answer to this question below!

Leave a comment

Your email address will not be published. Required fields are marked *