mileage rate irs

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 1 , and 65.5 cents per mile for 2023. 2 3 This rate applies to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles. 3 4

According to


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Effective July 1 through Dec. 31, 2022, the standard mileage rate for the business use of employees' vehicles will be 62.5 cents per mile—the highest rate the IRS has ever…
IRS Raises Standard Mileage Rate for Final Half of 2022 - SHRM
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shrm.org

Find optional standard mileage rates to calculate the deductible cost of operating a vehicle for business, charitable, medical or moving expense purposes.
Standard Mileage Rates | Internal Revenue Service
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irs.gov

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 ...
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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
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irs.gov

An IRS rate of 14 cents per mile for mileage relating to work for charitable organizations remained at one rate throughout 2022 since that rate is set by statute, and…
IRS mileage rate: How to claim mileage deductions on 2022 tax returns
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usatoday.com

The IRS has increased the standard mileage rates to 65.5 cents per miles for business purposes in 2023, up from 58.5 cents in early 2022 and 62.5 cents in the…
New 2023 IRS Standard Mileage Rates - forbes.com
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forbes.com

IRS Standard Mileage Rates from Jan 1, 2023: 65.5 cents per mile for business purposes. 22 cents per mile for medical and moving purposes. 14 cents per mile for charity…
New IRS Standard Mileage Rates in 2023 - MileageWise
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mileagewise.com