Business Mileage Log Template
Either download the pdf version and print it out or download the excel version.
Business mileage log template. 2 contents of a mileage log. Many business owners are able to deduct the costs associated with their vehicle expenses for repairs and the miles it s driven. You can use the following log as documentation for your mileage deduction. Monthly mileage report form.
If you prefer to record all your business expenses in one place take a look at our expenses templates. Free mileage log templates for excel and word it is crucial for businesses to correctly track their business mileage as it could be very helpful in tax deductions. The record helps to keep the vehicle in good condition by carrying out timely maintenance. Each month gets its own mileage log sheet in this template.
Business mileage log track your mileage with this accessible spreadsheet with room for trip details and odometer start and finish readings mileage is calculated automatically. This monthly mileage. A mileage log is a written record for a vehicle of how much distance it has been traveled. This assigned period may be of an hour a day or a week month or year.
It is easy to download and print. Preview and details of templates. This template will calculate the value of your business trips based on this figure. Free mileage log template for taxes.
It comes in different shapes and designs and can be easily customized. This mileage log template offers you to offer a full detail of the mileage and includes all the relevant pointers such as purpose or project miles start and end odom as well as any additional notes. 5 mileage log form. 4 types of business driving that qualifies.
Uses of excel mileage log template mileage log is used to trace or schedule how many miles a vehicle has traveled in a specific or assigned period of time. 1 mileage log templates. 12 month mileage log spreadsheet. This document gives a clear idea of the mileage covered by your vehicle.
How to use mileage log template. 6 mileage that doesn t qualify. Mileage log template word. Both versions require the same information enter your name month and any mileage brought forward from either a previous month or sheet.
The mileage log template word comes in word format. The log is also important in businesses where employees are reimbursed for the official trips. Free mileage log templates mileage report templates. This excel mileage log provides a simple layout for easy mileage.
For 2020 the irs lets you deduct 57 5 cents per business mile. The irs requires every business owner to keep specific and accurate information regarding business mileage deductions.