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2 Answers

Writing off gasoline and mileage on your taxes.?

Asked by: Jesica Hogan 1632 views YA Discussion

I have the back up for the mileage but I do not have any receipts for the gas. I have gotten the avg price of gas in my area from AAA for 2011 and can figure out how many gallons of gas I would have needed to drive the amount of miles that I am writing off. Can I write off the gas?

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2 Answers

  1. Steve D on Apr 13, 2012 Reply

    No..the cost of the gas plus expected maintenance is included in the mileage so that’s all you write off.

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  2. Bostonian In MO on Apr 13, 2012 Reply

    Since you didn’t keep receipts for the actual expenses, you must take the standard mileage rate.

    Hopefully you didn’t use the actual cost method in a prior year for the same vehicle as you may be stuck with using it now depending upon how you depreciated it in prior any prior year or years. If that’s the case, you’d be stuck with deducting what you can prove with available receipts.

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