To prepare the auto expense deduction log at year end, which tasks should be completed?

The most relevant task to prepare the auto expense deduction log is to view all recorded trips for review. This step is crucial because it allows you to accurately assess the miles driven for both business and personal use, which directly impacts your deduction calculation. By reviewing the recorded trips, you can ensure that all business-related mileage is captured, confirm the accuracy of the records, and make any necessary corrections before finalizing your deductions.

Preparing a new mileage tracker may be useful at the beginning of a new year or accounting period, but it does not assist in preparing the current year's deduction log. Checking vehicle maintenance records can provide useful information for overall vehicle management but does not directly relate to the specific task of preparing an expense deduction log. Ensuring all invoices are sent pertains more to managing expenses than preparing the auto expense deduction log itself.

Thus, reviewing all recorded trips for accuracy and completeness is essential for preparing a reliable auto expense deduction log at year-end.