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21 gru 2021 · As a reminder, two options are provided for determining the mileage reimbursement rate for any given trip: If the employee travels in his or her own vehicle because no state vehicle is available, the reimbursement rate is the current IRS rate (58.5 cents per mile for miles driven in 2022).
21 gru 2021 · As a reminder, two options are provided for determining the mileage reimbursement rate for any given trip: • If the employee travels in his or her own vehicle because no state vehicle is available, the reimbursement rate is the current IRS rate (58.5 cents per mile for miles driven in 2022).
You can calculate mileage reimbursement in three simple steps: Select your tax year. Input the number of miles driven for business, charitable, medical, and/or moving purposes. Click on the "Calculate" button to determine the reimbursement amount.
IRS Mileage Rate Effective July 1, 2022. The standard IRS mileage rate for the business use of an employee’s personal automobile has increased July 1, 2022, from 58.5 to 62.5 cents per mile. The state bargaining agreements and compensation plans base mileage reimbursement rates on the standard IRS mileage rate that’s in place at the time of ...
17 gru 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.
Calculate your mileage reimbursement with ease using our mileage reimbursement calculator. Learn the basics of mileage reimbursement and deduction rates.
2022 Schedule M1UE Instructions. Standard mileage rate. The 2022 rate for business use of your vehicle is 58.5 cents (0.585) a mile for miles driven between January 1 and June 30. The 2022 rate for business use of your vehicle is 62.5 cents (0.625) per mile for miles driven between July 1 and December 31. Recordkeeping
