Mileage Deduction Calculator for Contractors
Enter your business miles to calculate your IRS standard mileage deduction. See exactly how much you could save in taxes.
Your Mileage
Business miles only — excludes home-to-first-job commuting
Deductible business miles include:
Driving between job sites
Trips to supply houses and lumber yards
Client and prospect visits
Permit office runs
Equipment pickup and delivery
Home to first job site (commuting)
Your Deduction
The IRS Standard Mileage Deduction for Contractors
The IRS allows self-employed contractors to deduct business miles driven at a standard rate per mile. For 2024, the rate is $0.67 per mile. This deduction covers vehicle expenses — gas, depreciation, maintenance — without requiring you to track every individual expense.
How Much Can Contractors Deduct?
A contractor driving 15,000 business miles per year deducts $10,050. At a 25% tax bracket, that's $2,512 in actual tax savings — from miles you were already driving. The only requirement is proof you drove them.
| Annual Miles | 2024 Deduction | Tax Savings (25%) |
|---|---|---|
| 5,000 | $3,350 | $838 |
| 10,000 | $6,700 | $1,675 |
| 15,000 | $10,050 | $2,513 |
| 20,000 | $13,400 | $3,350 |
| 25,000 | $16,750 | $4,188 |
| 30,000 | $20,100 | $5,025 |
Automatic Mileage Tracking
The problem: the IRS requires you to log miles as they happen. The solution: automatic mileage tracking that runs in the background on your phone, recording every drive without you lifting a finger. Hardhat Ledger includes this — just drive, review your trips weekly, and your mileage log builds itself.
Track Every Business Mile Automatically
Hardhat Ledger logs your mileage in the background and generates IRS-ready reports. Never miss a deductible mile.
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