The Gridwise Estimated Tax Deduction is based off the standard federal mileage rate of 57.5 cents per mile for year 2020. Please reference the IRS website for this information located at this link:
Export a mileage report you can print out for your tax professional. Simply go to the earnings page and scroll to the bottom and tap create a report.
Gridwise does not provide tax advice and is not responsible for third party offers, products and/or service. We recommend that you seek guidance from a qualified tax site or service like TurboTax or contact an independent tax professional for additional answers to tax questions. If you’d like to learn more, the IRS website has information about self-employment taxes.