Reeaalyy OT. Gas Mileage Deduction?

Jun 09, 2008 2 Replies

Sorry for the OT post...with gas hitting 5.00 a gallon, does anyone know what the current per-mile deduction is for this year? TIA Jay


The most current rate is $0.505/mi.

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I have seen this rate in other sites. I don't see how anyone can operate a vehicle on that. I think the actual cost were higher than that last year. They will probably be under pressure to raise that figure before it is all done.

Lugnut

Thanks, I share your thoughts on this, too... Best~Jay

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