I need help figuring something involving a half-percentage.
April 13, 2021 1:31 PM Subscribe
Per the IRS, the mileage deduction for 2020 is 57.5 cents per mile. I drove a total of 525 business miles (yup; pandemic.) I don’t know how to figure something with two decimal points: .57 x 525 miles is $299.25, but how to figure it with that second decimal of .5% per mile?