Search results
1 sty 2024 · The following lists the Privately Owned Vehicle (POV) reimbursement rates for automobiles, motorcycles, and airplanes.
29 gru 2022 · Beginning on January 1, 2023, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 65.5 cents per mile driven for business use, up 3 cents from the midyear increase setting the rate for the second half of 2022.
Standard mileage rate. For 2023, the standard mileage rate for the cost of operating your car for business use is 65.5 cents ($0.655) per mile. Car expenses and use of the standard mileage rate are explained in chapter 4. Depreciation limits on cars, trucks, and vans.
5 sty 2023 · GSA is required by statute to set the mileage reimbursement rate for privately owned automobiles (POA) as the single standard mileage rate established by the Internal Revenue Service (IRS).
GSA sets the POV mileage rate for moving purposes, and the POA rate when a Government-furnished automobile is available and authorized, as the operating cost standards established by the IRS.
The standard mileage rates for 2023 are: Self-employed and business: 65.5 cents/mile. Charities: 14 cents/mile. Medical: 22 cents/mile. Moving ( military only ): 22 cents/mile. Find out when you can deduct vehicle mileage.
4 sty 2023 · GSA has increased the mileage reimbursement rates for calendar year 2023 for using a privately owned vehicle on federal travel if no government-owned vehicle is available, from 62.5 to 65.5...
