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Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.
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You can calculate mileage reimbursement in three simple steps: Select your tax year. Input the number of miles driven for business, charitable, medical, and/or moving purposes. Click on the "Calculate" button to determine the reimbursement amount.
23 gru 2020 · The IRS has announced the 2021 standard mileage rates for business, medical, and other uses of an automobile, and the 2021 vehicle values that limit the application of certain rules for valuing an automobile’s use.
This notice provides the optional 2021 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes.
Effective January 1st, 2021, the standard mileage rates to operate a vehicle, van, pickup, or panel truck will cost: 56 cents per business mile, which is down 1.5 cents from 2020. 16 cents per mile driven for medical or moving purposes for active military members, which is down one cent from 2020.
22 gru 2020 · Beginning on Jan. 1, 2021, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: • 56 cents per mile driven for business use, down 1.5 cents from the rate for 2020, • 16 cents per mile driven for medical or moving purposes for qualified active duty members of the Armed Forces, down 1 cent from the ...
17 kwi 2024 · The 2024 IRS rate for calculating mileage reimbursement is 67 cents per mile. Last year's rate was 65.5 cents per mile. Mileage tracking made easy. Trusted by millions of drivers. Automate your logbook. Calculate mileage reimbursement for work.
