Quote:
Originally Posted by EastSideHBG
Mileage reimbursement for work travel (driving). If the employer isn't paying for it you can claim $0.67/mile.
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Right, or it's typically how much your employer will reimburse you for business travel with a rental car (and for this reason, you are often encouraged to rent a car...)
In principle it should reflect the average total cost of operation per mile, though obviously that depends strongly on the type of vehicle and miles driven per year.