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Can I reimburse myself at the IRS mileage rate through my S-Corp?

Yes. Your S-Corp can reimburse you at the IRS standard mileage rate for documented business miles driven in your personal vehicle. The reimbursement is a deductible expense for the S-Corp and tax-free income for you. This is often simpler than the S-Corp owning or leasing the vehicle directly, especially if you also use the car for personal driving.

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