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 …

31 January 2025 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 …

9 hours ago · The IRS announces an increase in the standard mileage rate for business use of vehicles. Starting January 1, 2026, the rate will be 72.5 cents per mile, up 2.5 cents from 2025.

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 …

The IRS has announced the optional 2025 standard mileage rates for business, medical, and other uses of an automobile, and the 2025 vehicle values that limit the application of certain rules for valuing an …

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 …

Dec 19, 2024 · The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 70 cents per mile driven, up 3 cents from 2024. The …

The 2025 IRS mileage rate is 70 cents per mile for business use. Learn the new rates, compare to 2024, and maximize your tax deductions this year.

8 hours ago · Gig workers get a tax break with higher mileage rates for 2026. The IRS increased business driving deductions to 72.5 cents per mile from last year.

Feb 21, 2025 · In a recent announcement, the IRS confirmed that the optional standard business mileage rate for 2025 will increase by three cents, rising to 70 cents per mile for vehicles used for …