The Mileage Deduction Most Resellers Throw Away (2026 Rates)
General info, not tax advice.
Every trip to the bins, every estate-sale loop, every Facebook Marketplace meetup โ if you resell for profit, those miles are business miles, and in 2026 they're worth real money.
The 2026 rates (with a gotcha)
The IRS set 2026's business rate at 72.5ยข/mile, then raised it to 76ยข/mile effective July 1. Split-year rates mean your log needs dates, not just totals โ a trip on June 30 and the same trip on July 1 deduct differently.
What it's worth
A modest sourcing habit โ say 60 miles a week between thrift loops and meetups โ is roughly 3,100 miles a year โ $2,300 of deductions. At a 22% effective tax rate, that's ~$500 of real money, thrown away by anyone who doesn't log drives.
What counts
- Driving to source: thrift stores, bins, estate/yard sales, auctions
- Meetup drives for local sales
- Post office and supply runs
- NOT your regular commute to a day job, and not personal errands you tacked a thrift stop onto (the detour portion counts)
The painless log
Date, purpose, miles โ that's the whole record the IRS wants. Our trackers (Reseller HQ and the Flip Log) have the split-year rates built in: enter the date and miles, the deduction calculates itself, and your January self says thank you.
Trackers that do this math for you
ThriftMath builds profit trackers for resellers and flippers โ one-time prices, no subscriptions.
See the trackers