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Irs Mileage Deduction Rate 2025

Irs Mileage Deduction Rate 2025. At the end of last year, the internal revenue service published the new mileage rates for 2025. In 2023, the irs set the standard mileage rates at 65.5 cents per mile for business, 14 cents per mile for charity, and 22 cents per mile for medical and moving.


Irs Mileage Deduction Rate 2025

According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs. Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.

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