Cents Per Mile 2025. New Mileage Rate For 2024 Otha Tressa Business: 65.5 cents per mile; Medical / Moving: 22 cents per mile; Charitable: 14 cents per mile The rates apply to fully electric and hybrid automobiles, as well as gasoline and diesel-powered vehicles.
IRS issues standard mileage rates for 2023; business use increases 3 from www.clevelandgroup.net
For 2025, the IRS has increased the standard mileage rate to 70 cents per mile — a 3-cent jump from the IRS standard mileage rates 2024, which was 67 cents per mile for business use. The rates apply to fully-electric and hybrid automobiles, as well as gasoline and diesel-powered vehicles
IRS issues standard mileage rates for 2023; business use increases 3
This announcement, which was made on December 19, 2025, applies to all electric, hybrid-electric, gasoline, and diesel-powered conventional vehicles (cars, vans, pickups or panel trucks). For 2025, the IRS mileage rate is 70 cents, a three-cent increase from 2024's mileage rate of 67 cents per mile Business: 65.5 cents per mile; Medical / Moving: 22 cents per mile; Charitable: 14 cents per mile
IRS Increases 2025 Standard Mileage Rate to 70 Cents Per Mile PKF Texas. Multi-Purpose Driver Example: A driver logs 15,000 miles annually, broken down as follows: The kilometric rates (payable in cents per kilometre) below are payable in Canadian funds only
IRS Increase 2025 Standard Mileage Rate to 70 Cents Per Mile The Ray. The vehicle depreciation component of the rate is now 33 cents per mile in 2025, up from 30 cents per mile in 2024, a 10.0% increase 14 cents per mile driven in service of charitable organizations, equal to the rate in 2024