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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.
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This notice provides the optional 2020 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes.
This notice provides the optional 2019 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes.
9 sty 2020 · For 2020, the business standard mileage rate is 57.5 cents per mile (a half-cent decrease from the 2019 rate), and the rate when an automobile is used to obtain medical care —which may be deductible under Code § 213 if it is primarily for, and essential to, the medical care— is 17 cents per mile (a 3-cent decrease from the 2019 rate) (see ...
1 kwi 2020 · In November 2019, the IRS updated the standard mileage rules to reflect provisions of the TCJA (see prior coverage at here ). The IRS issued the standard mileage rates for 2020 for business, charitable, medical, or moving expense purposes, as well as other deduction amounts.
18 gru 2023 · The standard mileage rate, also known as the mileage per diem or deductible mileage, is the default cost per mile set by the Internal Revenue Service (IRS) for taxpayers who deduct the...
22 lut 2023 · The standard mileage rate is a simplified way of deducting your mileage. It is based on the number of miles driven instead of your actual costs. You keep track of your miles driven for IRS-approved purposes (business, medical activity, moving, or charitable work).
