How this calculator works
- The IRS business rate was 72.5 cents per mile from January to June 2026 and 76 cents per mile from July 1, 2026.
- Deduction = miles × the rate for that period.
- Estimated tax saved = deduction × (your federal bracket + self-employment tax rate of about 14.1%).
Mileage Deduction Calculator FAQs
Which miles count?
Generally business miles driven for your gig work, with proper records. Ask a tax professional about commuting and en-route miles.
Standard rate or actual expenses?
You can choose one method for the vehicle, with some first-year rules. The standard rate is simpler. Actual expenses can be higher for some drivers.
For information and planning only. Not financial, legal or tax advice. Results are estimates.
More free tools
🧮
Cash Advance Calculator
Work out total repayment, cost per $100 and weekly payment from your offer.
Use tool →
⚖️
Offer Comparison Tool
Compare two advance offers side by side to see which costs less.
Use tool →
💡
Affordability Calculator
Find out how much you can borrow without stretching your budget.
Use tool →
Ready to get back on the road?
Apply in about five minutes and see what you may qualify for.
Get started →