Log every business mile as a rideshare driver (2026 IRS rates)
Added
Self-employed drivers can generally deduct car costs using either the standard mileage rate or actual expenses. IRS Topic 510 says to figure both ways if you qualify and that you must substantiate expenses with adequate records. Parking fees and tolls for business use are deductible separately either way. Use a mileage app or a simple log.
The result
Result: IRS: for 2026 the business standard mileage rate is 72.5 cents/mile for Jan 1 - Jun 30 and 76 cents/mile for Jul 1 - Dec 31.
Note: Not tax advice. Rules change and depend on your situation; confirm with the IRS or a tax professional.
Source
IRS standard mileage rates (opens the original source in a new tab). Check it for the latest numbers before you act.