Sign In
About |  Media Relations | Biz Member | My Cart (0)  

News Detail

Home > Media Relations > News Detail
IRS Announces 2017 Mileage Rates
Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
• 53.5 cents per mile for business miles driven, down from 54 cents for 2016
• 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016
• 14 cents per mile driven in service of charitable organizations

The business mileage rate decreased half a cent per mile and the medical and moving expense rates each dropped 2 cents per mile from 2016. The charitable rate is set by statute and remains unchanged. The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs.
Created at 12/13/2016 1:02 PM  by SIMEONMAY 
Last modified at 12/13/2016 1:06 PM  by SIMEONMAY