Posts tagged Mileage Rates.
A Reminder: The IRS Mileage Rates Have Changed

The 2022 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes have increased from last year or remained unchanged. Specifically, as of January 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are:

  • 58.5 cents per mile driven for business use, up two and one-half cents from the rate for 2021;
  • 18 cents per mile driven for medical, or moving purposes for active-duty members of the Armed Forces, up two cents from the rate for 2021; and
  • 14 cents per mile driven in service of ...
A Reminder: The IRS Mileage Rates Have Changed

The 2021 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes have decreased from last year, or remained unchanged. Specifically, as of January 1, 2021, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are:

  • 56 cents per mile driven for business use, down one and one-half cents from the rate for 2020;
  • 16 cents per mile driven for medical or moving purposes, down one cent from the rate for 2019; and
  • 14 cents per mile driven in service of charitable organizations, unchanged from ...

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