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14 gru 2023 · IR-2023-239, Dec. 14, 2023 — The Internal Revenue Service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Mileage Reimbursement Calculator. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. You can calculate mileage reimbursement in three simple steps: Select your tax year.
Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.
For 2023, the standard mileage rate for the cost of operating your car for business use is 65.5 cents ($0.655) per mile. If you use the standard mileage rate for a year, you can’t deduct your actual car expenses for that year.
Our free IRS Mileage Calculator simplifies the process of calculating your mileage deductions. By inputting your tax year, miles driven for business, medical, and charity, the calculator automatically computes your potential tax deductions based on the IRS mileage rate for that year.
3 maj 2024 · For the 2024 tax year (taxes filed in 2025), the IRS standard mileage rates are: 67 cents per mile for business. 14 cents per mile for charity. 21 cents per mile for medical/moving.
22 gru 2021 · The IRS has announced the 2022 standard mileage rates for business, medical, and other uses of an automobile, and the 2022 vehicle values that limit the application of certain rules for valuing an automobile’s use. For 2022, the business standard mileage rate is 58.5 cents per mile (a 2.5 cent increase from the 56 cents rate for 2021), and ...
