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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 gru 2023 · IR-2023-239, Dec. 14, 2023 — The Internal Revenue Service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
25 kwi 2024 · The IRS also announced its current mileage rate, which is 67 cents per mile for business purposes in the year 2024. For medical purposes and moving for active military members, this amount is 22 cents per mile, and for charity purposes, it is 14 cents per mile in 2024.
The IRS today issued an advance version of Notice 2023-3 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 2023. Notice 2023-3 [PDF 105 KB] provides that beginning January 1, 2023, the standard mileage rates for the use of a
18 sty 2024 · California’s Labor Commissioner considers the IRS mileage reimbursement rate to be “reasonable” for purposes of complying with LC 2802. We encourage employers to use the standard mileage rate of 67 cents per mile to pay out tax-free reimbursements to employees who use their own vehicles for business, instead of trying to track the actual ...
5 sty 2023 · The IRS has announced the optional 2023 standard mileage rates for business, medical, and other uses of an automobile, and the 2023 vehicle values that limit the application of certain rules for valuing an automobile’s use.
California follows the IRS standard mileage rates, with the 2024 rate set at 67 cents per mile. Employers can choose to reimburse at a higher or lower rate, though any excess over the IRS rate is taxable.
