IRS Hikes Mileage Deduction to Ease Impact of High Gas Prices

WSJ Your Money Briefing

In an unusual midyear move, the IRS has raised the standard mileage rate for the self-employed to 62.5 cents. WSJ personal-finance reporter Ashlea Ebeling joins host J.R. Whalen to discuss other ways that self-employed workers who rely on their car can save money.



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2022-07-11 6 min

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