Standard Mileage Rate 2025. On december 14th, 2023, the irs announced the 2025 irs standard mileage rate as 67 cents. The rate for medical or moving purposes in 2025 decreased to 21 cents per mile,.
In 2023, the irs set the standard mileage rates at 65.5 cents per mile for business, 14 cents per mile for charity, and 22 cents per mile for medical and moving purposes. For the 2023 tax years (taxes filed in 2025), the irs standard mileage rates are:
The Rate For Medical Or Moving Purposes In 2025 Decreased To 21 Cents Per Mile,.
This represents a 1.5 cent increase from the 2023.
The New Irs Mileage Rates For 2025 Are 67 Cents Per Mile For Business Purposes (Up From 65.5 Cents Per Mile In 2023), 21 Cents Per Mile For Medical Or Moving Purposes And.
In 2023, the irs set the standard mileage rates at 65.5 cents per mile for business, 14 cents per mile for charity, and 22 cents per mile for medical and moving purposes.
In Addition, The Notice Provides The Maximum Fair Market Value Of Employer.
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For 2023, the standard mileage rate was 65.5 cents per mile.
In Addition, The Notice Provides The Maximum Fair Market Value Of Employer.
The irs sets a standard mileage rate each year to simplify mileage reimbursement.
On December 14Th, 2023, The Irs Announced The 2025 Irs Standard Mileage Rate As 67 Cents.