The two methods

Standard mileage: Multiply business miles × $0.70 (2025 rate). Also deduct parking, tolls, and business-related interest/property taxes on the vehicle. Done.

Actual cost: Track every vehicle expense (gas, insurance, maintenance, depreciation, lease payments). Multiply by the business-use percentage of total miles. Deduct that.

The switching rule that catches people

The rule

If you use actual cost in the first year you place the vehicle in service, you're locked into actual for the life of that vehicle. You can never switch to standard mileage for that car.

If you use standard mileage in year one, you can switch to actual later — but only with straight-line depreciation, not MACRS.

This is why many self-employed people "default" to standard mileage year one. It preserves optionality. But it can cost you.

When standard mileage wins

When actual cost wins

Side-by-side: new $45,000 vehicle, 6,000 business miles, 60% business use

Standard mileage: 6,000 × $0.70 = $4,200

Actual cost:
Depreciation (luxury auto limit Year 1 with bonus): ~$20,200 × 60% = $12,120
Gas $3,000 × 60% = $1,800
Insurance $1,800 × 60% = $1,080
Maintenance $600 × 60% = $360
Total: $15,360

Actual wins by $11,160. At a 24% federal + 15.3% SE tax, that's about $4,400 in refund impact in Year 1. After Year 1, standard mileage usually catches up as the depreciation lead shrinks.

Mileage logging: the part everyone hates

Whichever method you pick, you need a mileage log for the business portion. Options:

Reconstructing a year of miles in April is miserable. Start now.

Common mistakes

Don't do this
  • Deducting commute miles — driving from home to your primary office is personal, never business (with narrow home-office exception)
  • Claiming 100% business use when you obviously use the car for grocery runs too — flags audit
  • Using standard mileage AND deducting gas — standard mileage includes gas; you can't double-dip
  • Switching from actual to standard mid-life of vehicle — not allowed

Leased vehicles: one more wrinkle

If you use standard mileage on a leased vehicle, you must use it for the entire lease period. No mid-lease switching. Most leased vehicles actually do better on actual-cost because the monthly lease payment times business-use percentage is usually larger than mileage × $0.70 (unless you drive a lot).

We flag suboptimal vehicle method choices.

If you'd get more deduction with the other method (and you're not locked in), we'll tell you.