According to the Internal Revenue Service, beginning January 1, 2017, the standard mileage rates for the use of a car, van, pick-up or panel truck will be:
- 53.5 cents per mile for business miles driven (down from 54 cents per mile in 2016)
- 17 cents per mile driven for medical or moving purposes (down from 19 cents per mile in 2016)
- 14 cents per mile driven in service of charitable organizations (same rate as in 2016)
Find out more on the IRS website.
Jan 1, 2017