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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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14 cents/mile. Click to view current & historical IRS Mileage Reimbursement Rates for the years 2000 thru 2019. Be careful: Google often displays outdated/inaccurate info! The rates on this web page have been manually verified by the site administrator.
Current mileage rate (2024) The IRS standard mileage rates for 2024 stand at: 67 cents per mile for business purposes (up 1.5 cents from 2023). 21 cents per mile for medical and moving purposes (down 1 cent from 2023). 14 cents per mile for charitable purposes. How to calculate your mileage reimbursement?
24 lis 2023 · The most dramatic IRS rate change during the 2010s happened in 2011 when the IRS raised the cents per mile reimbursement rate to 55.5 cents from 51. The culprit? You guessed it: oil prices.
1 sty 2010 · Mileage Pad is a web application that helps you track mileage driven for reimbursement and tax purposes. It simplifies tracking by automatically using the correct IRS Standard Mileage Rates based on the date of your trip.
The business mileage rate is the amount the IRS allows taxpayers to deduct for each mile driven for business purposes. This rate is intended to cover the costs associated with operating a vehicle for business activities, including fuel, maintenance, insurance, and depreciation.
This article discusses the current IRS mileage rates, who can claim the business IRS standard mileage rates, how to calculate your business IRS standard mileage deduction, and how depreciation factors into the equation.
