If the taxpayer does not maintain adequate records of the car expenses (i.e., gas, tires, car insurance, etc.), the standard mileage rate cannot be used.

Question

Quizplus · Accepted Answer

The standard mileage rate can be used even if the taxpayer does not maintain detailed records of actual car expenses, as it is a simplified method that only requires tracking the number of business miles driven.

If the Taxpayer Does Not Maintain Adequate Records of the Car