Vehicle Mileage Log Template' title='Vehicle Mileage Log Template' />Laguna Niguel, CA New, Allen Hyundai Of Laguna Niguel sells and services Hyundai vehicles in the greater Laguna Niguel area. This template covers the important factors for the vehicle service inspection. The checklist should include the customer name, mileage in and mileage out, year, model. Vehicle Maintenance Log with 6 printable samples in PDF, Word, Excel format. Free to download. Free Vehicle Maintenance Form Printable Vehicle Maintenance Template. Vehicle Make. Vehicle Model and Year. Replace Spark Plugs. Download/728/vehicle-maintenance-log-1.png' alt='Vehicle Mileage Log Template' title='Vehicle Mileage Log Template' />Lube Suspension. Change Trans Fluid. Contents of a Mileage Log. Along with a beginning record of the vehicles mileage at the beginning of the year, youll need a record at the end of the year too. Download and print different free versions of a Vehicle Mileage Log in PDF format that helps track auto miles for business andor personal use. Printable Mileage Log Templates FreeThe IRS has strict rules about the types of driving that can be deducted from your taxes. Many business owners are able to deduct the costs associated with their vehicle, expenses for repairs and the miles its driven. What is a Mileage Log To claim deductions on your tax returns, you have to keep meticulous records of your driving. Many people record the time weekly or monthly, which will not satisfy the IRS if theres an audit of your records. The easiest way to keep records is to use a mileage log template that will have spaces for you to record your mileage for each trip you take. The IRS has been known to disqualify some deductions because there wasnt a clear separation between driving for business and other trips. Mileage Log Templates. Contents of a Mileage Log. Along with a beginning record of the vehicles mileage at the beginning of the year, youll need a record at the end of the year too. This should match with the amounts that are recorded each day to ensure that the mileage is correct. The following information must be recorded each time you begin your drive to a destination associated with business. The date of the business trip. Starting point for the trip. It could be the office or a job site. The ending destination for your trip. The reason for your trip. Starting mileage on the vehicle. Ending mileage for that trip. Tolls and other costs on the trip. Each trip must be recorded as well as the beginning and ending mileage at the end of the day to ensure they are precise. The IRS also requires that you keep these records on file for three years after you use them for deductions. Mileage Log Book. Types of Business Driving That Qualifies. Driving Between Offices or Work Sites. You can deduct the mileage you drive between one work site and the next. If you spend your time between two offices, you can deduct the mileage between each as a business driving expense. Errands and Supply Stops. If you drive to the bank, post office or supply store, you can deduct that from your taxes each year. The miles can add up quickly when youre making these side trips on a daily basis. If youre a contractor who needs to load the truck with supplies, thats a deduction that can be added too. Business Entertainment. Every time you meet with a client over coffee or head to dinner with a potential new client, you can deduct the mileage for those trips. Airport Travel. When you drive to the airport for trips, you can deduct those miles as expenses. The return trip from the airport after your business trip can be deducted too. Unrelated Odd Jobs. Income from babysitting, landscaping and concierge jobs can qualify as a business, so youd be entitled to track the mileage to these jobs as a business expense. Temporary Job Sites. Contractors and other workers can often spend less than a year at certain locations before moving on to others. Driving to these temporary job sites can qualify for mileage deductions. Seeking New Employment. If youre looking for a new job in your current industry, you can deduct the miles you drive to interviews. This isnt true for a new position in a new industry. Customer Visits. The standard mileage deduction can apply to times that youre meeting with customers at their office or job site. Mileage Log Form. Mileage That Doesnt Qualify. Commuting. The IRS considers it a personal expense when you have to commute from your home to your work location. That work location can be your office or permanent place of business. El Cepillo De Dientes Jorge Diaz Pdf Descargar 2014'>El Cepillo De Dientes Jorge Diaz Pdf Descargar 2014. Joomla Affiliate Program Extension here. If you have a temporary location that you expect to work at least one year, thats considered a place of business, and the IRS wont allow you to deduct that mileage. Some people believe that they can take the deduction if they use their commuting time to make business calls or listen to business related recordings. Those miles are still considered commuting and are noted as personal expenses. If you work from home, thats considered your primary location for business. Any trips taken from the home office to a client meeting or to run errands are considered business expenses. Those can be deducted. Mistakes People Make. Making the Log in a Batch for the Entire Month or Year. Its important that the mileage log is done on a daily basis. The IRS requires meticulous records, and they want all the information listed above like the date and reason for the trip as well as mileage information for each trip. Missing Information. When the IRS wants the reason for each trip, that reason must accompany a name or business account. If you claim to be reviewing a clients account at his office, you have to include the name of the client in your log. Many business owners have been denied their deductions for missing or incorrect information. Teamviewer Host 78. Calculating Deductions. There are two options for calculating deductions for business mileage expenses. You can use the standard mileage deduction or the actual expenses for the vehicle. For the standard mileage deduction, youre adding up the total miles per year that are driven for business. Youll take a preset deduction for each of those miles. In 2. 01. 6, the deduction is 5. Using this standard, you cant include repairs or maintenance to the vehicle. If you plan to deduct actual expenses, you have to have a precise record of all maintenance and repairs done on the vehicle. The percentage of mileage on the vehicle for business is then deducted from the costs on your taxes. For example, a vehicle with 6,0. It doesnt matter what type of deduction youre taking at the end of the year. Throughout the entire year, you have to keep precise records of your mileage as well as other information like names, dates and reasons for the trips. A mileage log template can make tracking your business mileage much easier.