Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 3
posted Nov 16, 2022 2:48:05 PM

Mileage

What is the mileage deduction worth per mile for charitable organization mileage for service for 2021? Also, what is the mileage deduction for business mileage for 2021?

0 3 358
3 Replies
Employee Tax Expert
Nov 16, 2022 3:07:49 PM

The charitable mileage rate for 2021 was $0.14 cents per mile.  Charitable Contributions 

 

The business mileage rate for 2021 was 56 cents ($0.54) per mile.  As of 2018, unreimbursed employee business expenses/job-related expenses are no longer deductible as an itemized deduction subject to the 2@ of Adjusted Gross Income (AGI) floor.  They may still be deductible on some state returns.

 

This link provides the mileage rates for 2021 and 2022.

What are the standard mileage rates? 

Level 3
Nov 16, 2022 5:48:35 PM

Does the standard rate compensate a person for depreciation of a vehicle, tires, maintenance etc.?

Employee Tax Expert
Nov 17, 2022 7:01:53 AM

Yes it does include depreciation, tires, maintenance etc. in the rate.