
Standard mileage rates - Internal Revenue Service
The standard mileage rates for 2025 are: Find out when you can deduct vehicle mileage. Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or …
2025 IRS Standard Mileage Rate | CompanyMileage
Nov 13, 2025 · The Internal Revenue Service has once again set and released the optional standard mileage rate for business travel mileage reimbursement for the upcoming year. For 2025, the IRS …
IRS 2025 Mileage Rates and Vehicle Limits: New Deduction ...
Nov 17, 2025 · The IRS 2025 mileage rates establish new deduction amounts for business, medical, and charitable driving. For 2025, the rate is 70 cents per business mile, with updated limits for …
The standard mileage rate for transportation or travel expenses for 2025 is 70 cents per mile for all miles of business use (business standard mileage rate). See section 4 of Rev. Proc. 2019-46.
IRS Announces Standard Mileage Rates For 2025 - Forbes
Dec 20, 2024 · Beginning January 1, 2025, the standard mileage rates for the use of a car, van, pickup, or panel truck will be: 70 cents per mile driven for business use (up 3 cents from 2024). 21 cents per...
The IRS today released Notice 2025-5 providing the standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or …
IRS releases federal mileage rates and luxury vehicle limit ...
Effective January 1, 2025, the business standard mileage rate for use of a car (including vans, pickup trucks and panel trucks) increases from $0.67 to $0.70, and the rate for medical and relocation …