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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.
1 kwi 2020 · The optional standard mileage rates for business use of a vehicle will decrease slightly in 2020 after increasing significantly in 2019, the IRS announced on Dec. 31, 2019 (Notice 2020-05). For business use of a car, van, pickup truck, or panel truck, the rate for 2020 will be 57.5 cents per mile in 2020, down from 58 cents per mile last year ...
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.
[PDF 72 KB] provides that beginning January 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: • 57.5 cents per mile for business miles driven (reduced from 58 cents per mile for 2019) • 17 cents per mile driven for medical or moving purposes (reduced from 20 cents per mile for 2019)
9 sty 2020 · The IRS has announced the 2020 standard mileage rates for business, medical, and other uses of an automobile, and the 2020 vehicle values that limit the application of certain rules for valuing an automobile’s use.
The IRS today issued an advance version of Notice 2019-02 providing the standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical or moving purposes in 2019.
13 cze 2022 · The U.S. standard mileage rate for 2019 and 2020 has been set at $0.30 a mile, as it will remain unchanged from the current year’s rate of $0.29 per mile through December 31st, 2018 according to the Internal Revenue Service (IRS).
