Best Deduction
$10,500
Best Deduction
Standard Mileage
$10,500
Tax Savings
$2,310
Business Use %
75.00%
Summary
The Standard Mileage method gives the best deduction of $10,500, saving $2,310 in taxes.
The 2025 IRS standard mileage rate is 70¢ per mile. At 15,000 business miles, that's $10,500.
The Standard Mileage method gives you a higher deduction of $10,500, saving $2,310 in taxes.
Your vehicle is used 75.00% for business. Only the business-use portion of actual expenses is deductible.
You cannot switch from actual expenses to standard mileage on the same vehicle after the first year. Choose carefully.
Deduction Comparison
6 rows
| Item | Amount |
|---|---|
| Standard Mileage (15,000 mi × 70¢) | $10,500 |
| Gas & Fuel | $2,250 |
| Insurance | $1,350 |
| Maintenance | $750 |
| Depreciation | $5,250 |
| Actual Total | $9,600 |
Estimate based on IRS standard mileage rates and actual expense method. Luxury vehicle limits and listed property rules may apply. Not tax advice.