Youll need that information come tax time to check that youre squeezing out every last penny in deductions.
But rideshare drivers arent the only people eligible for mileage tax deductions.
But now theres an app for everything including mileage tracking.
Don’t waste time (and miles) looking for the best price for gas. An app calledUpsidemaps out participating local gas stations where you can beat the pump price by as much as 25 cents per gallon.
Here are our favorites.
No Interest Til Almost 2027?
And you’re free to try out most of them for free!
Features include:
Did you know?
Download Everlance from theApp StoreorGoogle Play.
Download Stride from theApp StoreorGoogle Play.
Some of its features include:
TripLog has three price tiers.
Its many features that help business owners cut down on administrative work make TripLog stand out from other apps.
Download TripLog from theApp StoreorGoogle Play.
Hurdlr
Hurdlrautomatically tracks mileage and identifies tax deductions.
Download Hurdlr from theApp StoreorGoogle Play.
MileIQ
MileIQautomatically captures your drives and delivers a comprehensive mileage log whenever you need it.
Download MileIQ from theApp StoreorGoogle Play.
SherpaShare
SherpaShareadvertises itself as the ultimate rideshare driver assistant.
SherpaShare has two versions:
Consider this app if you drive for Uber, Lyft or another similar company.
This app can also be useful for delivery drivers.
Download SherpaShare from theApp StoreorGoogle Play.
Download QuickBooks Self-Employed from theApp StoreorGoogle Play.
Having automatic tracking saves you from having to track miles by hand.
Mileage Classification
Mileage classification allows you to distinguish between personal and business trips.
Be aware, only business mileage is tax deductible.
Why Should You Use a Mileage Tracker App?
Mileage trackers make it easy to stay organized and have all the information you need come tax time.
The rate for 2022 is 58.5 cents per mile.
All the mileage tracker apps listed above come highly recommended.
However, the best one for you will be one that fits your needs.
If you run a small business with a fleet of multiple vehicles, consider Everlance or TripLog.
Stride is the only completely free app on this list.
However, Everlance, TripLog, Hurdlr and MileIQ all have a free version.
You really cant go wrong with any of the mileage tracker apps weve discussed.
The information on each mileage tracking app listed above will help you snag the best mileage tracker for you.
You dont have to worry about how to track your mileage.
The app records it for you!
In addition to mileage, you should keep track of the date, destination and reason for each trip.
Mileage tracker apps will help you keep the required records.
Lisa McGreevy and Nicole Dow are former writers at The Penny Hoarder.
Michael Archambault, a senior writer at The Penny Hoarder, contributed.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
