2023 Standard Mileage Rates

The IRS announced on December 29th the standard mileage rates:

  • $0.665/mile for business use (up from $0.635/mile as of July 1, 2022);
  • $0.22/mile for medical/moving for active-duty members of the Armed Forces; and
  • $0.14/mile in service of charitable organizations.

These rates do apply to electric and hybrid vehicles along with gasoline and diesel vehicles.

Tags:

This entry was posted on Sunday, January 1st, 2023 at 12:39 pm and is filed under IRS. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.