How to record vehicle expenses

Written by Gary Csizmadia
Updated 8 months ago

Record and keep track of all of your tax-deductible vehicle-related expenses.

NOTE: Expense tracking in the Vehicle expenses tab is only available for vehicles using the Actual Expenses Method as their calculation basis.

You can find the Vehicle expenses tab within the Monthly trips menu.

vehicle expenses

Select the date of the expense --> Select the type of expense --> Enter the $ amount --> Upload a file as supporting documentation (not required) --> Click the checkmark to save.

MileageWise vehicle expenses

Available expenses to choose from:

  • Garage rent
  • Interest on vehicle
  • Lease / rental fees
  • Oil
  • Parking fee
  • Property taxes
  • Registration / license fees
  • Repairs and maintenance
  • Tires
  • Toll
  • Vehicle insurance
  • Other expenses

Your recorded expenses will appear as an expense report at the bottom of your finalized IRS-Proof mileage log.

Mileage log vehicle expenses

Download the MileageWise mobile app now on the App Store or get it on Google Play, start tracking your miles, and save thousands on your taxes!

Did this answer your question?