When is Business Mileage included in the LoanBeam calculation?
31
LoanBeam gives credit for business miles from page 2 of Schedule C only.
If the CPA lists it anywhere else on the documents, you may enter the information manually using the override feature.
The link and screenshot below shows how to use the manual override feature.
note:
The portion of the business standard mileage rate treated as depreciation is determined by the IRS standard. It is 28 cents per mile for 2023, and 30 cents per mile for 2024.
