Summary
The Internal Revenue Service (IRS) has set the standard mileage rate for business use at 62.5 cents per mile for the remainder of 2022
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, and 65.5 cents per mile for 2023.
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This rate applies to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.
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According to
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Summary
Beginning on January 1, 2023, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
These rates apply to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.
The standard mileage rate for business
IRS issues standard mileage rates for 2023; business use increases 3 ...
irs.gov
Summary
Beginning on January 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile
IRS issues standard mileage rates for 2022
irs.gov