WebAug 27, 2024 · You need the car to visit customers, meet with vendors and check on suppliers. You expect to drive the car 8,500 miles a year for business. You also expect to … WebJul 16, 2024 · The maximum value of an employer-provided vehicle (including cars, vans and trucks) first made available to employees for personal use in calendar year 2024 for which either the vehicle cents-per-mile valuation rule or fleet-average valuation rule may be used is $50,400. (IRS Notice 2024-34) Personal Use Value
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Topic No. 510, Business Use of Car Internal Revenue …
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