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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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Click to view current & historical IRS Mileage Reimbursement Rates for the years 2000 thru 2019. Be careful: Google often displays outdated/inaccurate info! The rates on this web page have been manually verified by the site administrator.
14 gru 2023 · WASHINGTON — 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.
The standard mileage rates set by the IRS for 2019 were significantly increased from the previous year: 58 cents per mile for business purposes (up 3.5 cents from 2018). 20 cents per mile for medical and moving purposes (up 2 cents from 2018).
2 dni temu · To calculate mileage reimbursement, multiply the mileage reimbursement rate by the total number of business-related miles driven.For example, if an employee drove 100 miles for business-related tasks or purposes and the reimbursement rate is .67 cents per mile, then you would multiply .67 x 100 for a total of $67.
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.
8 lip 2024 · The 2024 IRS standard mileage rates are 67 cents per mile for every business mile driven, 14 cents per mile for charity and 21 cents per mile for moving or medical.
