Tag Archives: 2017

IRS lowers standard mileage rates for 2017

Effective January 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) is:

  • 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 (unchanged from 2016)

More info on the IRS website.