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Finance News

Standard Mileage Rates

Updated December 2018

Posted in: Announcements

IRS Announces 2019 Standard Mileage Rates

The Internal Revenue Service issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2019 – the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 58 cents per mile driven for business use, up 3.5 cents from the rate for 2018

Information regarding mileage and other per diem rates can be found on www.gsa.gov and information regarding medical and moving expenses can be found on www.irs.gov/tax-professionals/standard-mileage-rates

View further information on Travel Regulations