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Find out the deduction rates for using your car for business, charity, medical or moving purposes. The 2023 rates are 65.5 cents/mile for self-employed and business, 14 cents/mile for charities, 22 cents/mile for medical and moving (military only).
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POPULAR FORMS & INSTRUCTIONS; Form 1040; Individual Tax...
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Employer's Quarterly Federal Tax Return Form W-2; Employers...
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29 gru 2022 · Find out the optional standard mileage rates for business, medical, moving and charitable purposes in 2023. The rate for business use is 65.5 cents per mile, up 3 cents from 2022.
Calculate your mileage reimbursement for business, medical, moving, or charitable purposes using the IRS standard mileage rates. Select your tax year and input the number of miles driven to get your estimated deduction amount.
For 2023, the standard mileage rate for the cost of operating your car for business use is 65.5 cents ($0.655) per mile. If you use the standard mileage rate for a year, you can’t deduct your actual car expenses for that year.
26 gru 2023 · Calculate your mileage reimbursement for business, charity, or medical purposes using the standard rates for 2024 and 2023. Learn the IRS rules and requirements for tax-free and deductible mileage reimbursement.
17 sty 2023 · The 2023 standard mileage rate will be 65.5 cents per mile, up from 62.5 cents per mile last year. The 2023 medical or moving rate will remain at 22 cents per mile. In June 2022, the IRS raised the rate to 22 cents from 18 cents. The charitable rate will remain at 14 cents.
The a free IRS Mileage Calculator is designed to help you understand your mileage deduction for 2023 or 2024. Our guide covers accurate mileage tracking, IRS compliance, and tips for maximizing tax deductions for self-employed professionals.
