How to Track Mileage for Taxes
Freelancers are busy, and mileage is one of the easiest deductions to lose track of. Learn what the mileage deduction is worth, what counts as business mileage, and how to log it as it happens.
What the mileage deduction is actually worth
Business driving can create a valuable tax deduction. Accurate records help you claim the miles connected to your freelance and gig work.
What counts as business mileage
Trips between qualifying work locations, client meetings, supply purchases, and other business destinations may count. Ordinary personal commuting generally does not.
The mistake that costs the most
Waiting until tax season makes it easy to forget trips. Record the date, destination, business purpose, and distance while the details are fresh.
How to track mileage in Bookd Finances
Connect mileage to the relevant gig in Bookd Finances so your driving records, income, expenses, and deductions remain organized in one place.