
Standard mileage rates - Internal Revenue Service
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 moving purposes.
IRS Sets 2025 Mileage Rates and Vehicle Limits
Oct 28, 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 …
2025 IRS standard mileage rate is 70 cents per mile
Jan 6, 2025 · The new standard mileage rate in 2025 per the Internal Revenue Service is 70 cents per mile, an increase of 4.5% over the previous year. This is the standard rate …
IRS releases federal mileage rates and luxury vehicle limit for 2025
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 …
IRS Mileage Rate 2025 | Updated Rates & Rules
Dec 20, 2024 · How are the mileage rates set? The IRS has issued the 2025 standard mileage rate: 70 cents per mile, up 3 cents from 67 cents in 2024. Issued in IR-2024-312 on Dec. 19, …
For vehicles (including vans and trucks) first made available to employees for personal use in calendar year 2025, the maximum vehicle value under both rules is $61,200 (down from …
2025 IRS Standard Mileage Rate | CompanyMileage
Dec 19, 2024 · For 2025, the IRS mileage rate is 70 cents, a three-cent increase from 2024’s mileage rate of 67 cents per mile. This announcement, which was made on December 19, …
IRS Releases 2025 Standard Mileage Rates - BMF
Jan 27, 2025 · Discover the 2025 IRS standard mileage rates for personal vehicle use, covering business, medical, moving, and charitable purposes.
IRS Announces Updated Standard Mileage Rates for 2025
Jan 13, 2025 · The Internal Revenue Service (IRS) has announced an increase in the optional standard mileage rate for business use starting January 1, 2025. This change provides …
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 …