How the mileage deduction works
Tallibook values each trip at the IRS standard mileage rate for its date (72.5¢ a mile Jan–Jun 2026, 76¢ from July 1, 2026); parking and tolls count on top.
Tallibook uses the IRS standard mileage rate: a set amount for every business mile, which covers gas, wear and insurance. It's the simplest method and the one most one-person businesses use.
The rates we use
Each trip is valued at the rate for its date:
- 2024: 67¢ a mile
- 2025: 70¢ a mile
- 2026: 72.5¢ a mile from January 1 to June 30, and 76¢ a mile from July 1
The IRS changed the rate in the middle of 2026, so a trip on June 30 and a trip on July 1 are worth different amounts. Tallibook handles that for you. When the IRS publishes a new year's rate, we add it. Until then, trips in that year can't be saved.
What else counts
- Parking and tolls for business trips are deductible on top of the mileage rate. Add them as expenses in Parking & tolls.
- Gas, repairs and insurance are already covered by the mileage rate. If you use the mileage rate for a car, don't add those as well.
The category Vehicle costs (actual) is only for the other method (actual expenses), which you and your tax preparer would choose per vehicle. Tallibook never adds actual car costs on top of your mileage deduction.
Which trips count
Trips for business count: client meetings, showings, job sites, supply runs, the bank. Driving from home to a regular workplace is commuting and usually doesn't count. Ask your tax preparer if you're unsure.
Where it shows up
- Today and Money show this month's miles and what they're worth.
- Your Schedule C summary puts the mileage deduction plus parking and tolls on line 9 (car and truck expenses).
- Reports → Mileage log lists every trip with date, route, purpose and miles, at the rate for that day.
Related articles
- Log a tripTap + and Trip, enter where you went, why and how far, and Tallibook works out the deduction at the IRS rate for that day.
- Add and manage your vehiclesAdd the car or truck you drive for work in Money → Vehicles; your main vehicle is picked for new trips, and the mileage log totals miles per vehicle.
- Your Schedule C summaryReports → Schedule C summary lines up your income and expenses with IRS Schedule C, line by line, with your estimated net profit; it's on every plan.
- Use Tallibook with TurboTax or other tax softwareTurboTax doesn't import Schedule C files, so you type a handful of totals from your Schedule C summary; the Tax season pack page shows where each number goes.
Still stuck?
Email us at hello@tallibook.com and tell us what you were trying to do.