top of page

IRS STANDARD MILEAGE RATES




Updated February 2023

Business: 65.5 cents per mile

Medical/moving: 22 cents per mile

Charity: 14 cents per mile

​

  • Taxpayers always have the option of calculating the actual costs of using their vehicles rather than using the standard mileage rates.

  • A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for more than four vehicles used simultaneously.

8 views0 comments

Recent Posts

See All
bottom of page