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Truck drivers get the standard mileage rate of 65.5 cents per mile. This rate increased from 62.5 cents per mile as of January 2023. To figure out your deduction, take the number of miles driven ...
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
The rating for all-electric mode (left) is expressed in miles per gallon gasoline equivalent (mpg). Miles per gallon gasoline equivalent ( MPGe or MPGge) is a measure of the average distance traveled per unit of energy consumed. MPGe is used by the United States Environmental Protection Agency (EPA) to compare energy consumption of alternative ...
Fuel economy is the distance travelled per unit volume of fuel used; for example, kilometres per litre (km/L) or miles per gallon (MPG), where 1 MPG (imperial) ≈ 0.354006 km/L. The higher the value, the more economic a vehicle is (the more distance it can travel with a certain volume of fuel). This measure is popular in the US and the UK (mpg ...
In Euclidean geometry, the distance from a point to a line is the shortest distance from a given point to any point on an infinite straight line. It is the perpendicular distance of the point to the line, the length of the line segment which joins the point to nearest point on the line. The algebraic expression for calculating it can be derived ...
Odometer. An electronic odometer (below speedometer) with digital display showing 91,308 miles (146,946 km) from a Jeep Grand Cherokee (WJ) An odometer or odograph is an instrument used for measuring the distance traveled by a vehicle, such as a bicycle or car. The device may be electronic, mechanical, or a combination of the two ...
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