Current Federal Mileage Rate 2025. New standard mileage rates are: The irs has increased the standard mileage rates to 65.5 cents per miles for business purposes in 2023, up from 58.5 cents in early 2022 and 62.5 cents in the.
67 cents per mile for business purposes (up 1.5 cents from 2023). Car expenses and use of the.
65.5 Cents Per Mile For Business Miles Driven.
Of up to 65.5 cents/mile stipends available training stipend:
The Following Lists The Privately Owned Vehicle (Pov) Reimbursement Rates For Automobiles, Motorcycles, And Airplanes.
67 cents per mile for business purposes (up 1.5 cents from 2023).
Current Federal Mileage Rate 2025 Images References :
Irs Issues Standard Mileage Rates For 2022.
The rates are typically updated in december for the following year.
For 2023, The Following Rates Are In Effect:
The irs is raising the standard mileage rate by 1.5 cents per mile for 2024.