For your 2011 tax returns you can deduct automobile mileage (for use of your car) as follows:
January 1 - June 30, 2011 -
Business: $0.51 per mile
Charity: $0.14 per mile
Medical: $0.19 per mile
July 1, - December 31, 2011
Business: $0.555 (that's right 55.5cents) per mile
Charity: $0.14 per mile
Medical: $0.235 per mile
If you have any tax questions visit www.OnlineTaxConsultant.com
If you would like us to help you with your taxes, retirement planning and business succession planning visit www.AMoraniCPA.com
