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2019 Standard Mileage Rates

 
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On December 14, 2018, the IRS announced 2019 Standard Mileages Rates. More details are available in IRS Notice 2019-02.

  • 58 cents per mile for business use (up from 54.5 cents in 2018)

  • 14 cents per mile for charitable purposes (no change from 2018)

  • 20 cents per mile for medical purposes (up from 18 cents in 2018)

Here are two points to remember. (See section 4.05 of IRS Rev. Proc. 2010-51 for more information.)

  1. You may generally only use the business standard mileage rate if you did not depreciate the vehicle the first year of its useful life.

  2. A business may not use the standard mileage rate if it owns or leases five or more vehicles. Actual costs must then be used.

2018 Standard Mileage Rates

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On December 14, 2017, the IRS announced 2018 Standard Mileages Rates. More details are available in IRS Notice 2018-03.

  • 54.5 cents per mile for business use (up from 53.5 cents in 2017)
  • 14 cents per mile for charitable purposes (no change from 2017)
  • 18 cents per mile for medical purposes (up from 17 cents in 2017)

If using the standard mileage rate for business in 2018, the IRS has deemed 25 cents (of 54.5 cents) to be treated as the depreciation portion.