Realtor's milage deduction are they limited

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  • Feather Hill Tax Service
    Junior Member
    • Dec 2005
    • 1

    #1

    Realtor's milage deduction are they limited

    is there a limit to the amount a realtor can deduct in standard miles per year>
  • Bees Knees
    Senior Member
    • May 2005
    • 5456

    #2
    There is no limit on the number of miles you can claim using the standard mileage method. Years ago, there use to be a two tierd system where the first 15,000 miles were at a higher rate and the rest of the miles were at a lower rate. But that no longer applies, as long as you can prove the miles claimed for business use.

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