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vsn93
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What is mileage rate for 2016?

 
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3 Replies
rp5528
New Member

What is mileage rate for 2016?

Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
54 cents per mile for business miles driven, down from 57.5 cents for 2015
19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015
14 cents per mile driven in service of charitable organizations
The business mileage rate decreased 3.5 cents per mile and the medical, and moving expense rates decrease 4 cents per mile from the 2015 rates. The charitable rate is based on statute.
jelly13
New Member

What is mileage rate for 2016?

It's Deductible DOES NOT calculate 14 cents per mile driven in service of charitable organizations.,
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