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17 gru 2021 · Notice 22-03 PDF, contains the optional 2022 standard mileage rates, as well as the maximum automobile cost used to calculate the allowance under a fixed and variable rate (FAVR) plan.
Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.
The standard mileage rate allowed for operating ex-penses for a car when you use it for Use Schedule A (Form 1040) to figure your itemized deductions. In most cases, your federal income tax will be less if you take the larger of your itemized deductions or your standard deduction.
The revised standard mileage rates set forth in this announcement apply to deductible transportation expenses paid or incurred for business, medical, or moving expense purposes on or after July 1, 2022, and to mileage allowances that are paid both (1) to an employee on or after July 1, 2022, and (2) for transportation expenses
17 gru 2021 · For 2022, the business mileage rate is 58.5 cents per mile; medical and moving expenses driving is 18 cents per mile; and charitable driving is 14 cents per mile, the same as last year.
17 gru 2021 · IRS issues standard mileage rates for 2022. IR-2021-251, Dec. 17, 2021. WASHINGTON — The Internal Revenue Service today issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
17 gru 2021 · Standard mileage rates for 2022 released December 17. The rate for computing the deductible costs of automobiles operated for a business expense purpose under tax code Section 162 is 58.5 cents up 2.5 cents per mile.
