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    Tommyjo206's Avatar
    Tommyjo206 Posts: 38, Reputation: 8
    Junior Member
    		  
    #1

    Jul 2, 2008, 07:29 AM
    Car pool charges
    How do I calculate how much to charge for car pooling? I own my car and get 32 mpg city and 37 Hwy. I currently may have just one additional rider.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jul 2, 2008, 07:33 AM
    The IRS has a standard calculation of what can be deducted for business mileage. Many buisinesses use that as their standard for reimbursements. So I think you can use it as your cost to determine car polling shares. I believe they just raised it to 58.5 cents per mile, but you can check at Internal Revenue Service for the exact amount.
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