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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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Standard mileage and other information POPULAR; Earned...
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The standard mileage rate is 17 cents per mile for use of an automobile: (1) for medical care described in § 213; or (2) as part of a move for which the expenses are deductible under § 217(g).
2 kwi 2019 · The standard mileage rate is a set amount of cents per mile that qualifying taxpayers can use to calculate a mileage-related deduction from their federal income tax. Every year, the IRS sets standard mileage rates for using your car for business, charitable, medical and moving purposes.
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. Input the number of miles driven for business, charitable, medical, and/or moving purposes.
For 2020, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) are: 57.5 cents per mile for business miles driven. 17 cents per mile driven for medical or moving purposes. 14 cents per mile driven in service of charitable organizations.
7 paź 2023 · Calculator Use. Calculate fuel economy in automobiles in US or Metric units. Calculate vehicle fuel economy in mpg US (miles per US gallon), mpg Imp (miles per Imperial gallon), km/l (kilometers per liter) or fuel consumption in l/100km (liters per 100 kilometers).
4 sty 2023 · Having employees use their own vehicle for work can be expensive. Especially if they regularly drive long distances and spend money on fuel. Now you can quickly calculate how much your employees can get back with our easy-to-use mileage reimbursement calculator. Calculate for Free.
