Standard Mileage Rates for 2018 Up from Rates for 2017

December 19, 2017

Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017.

  • 18 cents per mile driven for medical or moving purposes, up 1 cent from the rate for 2017.

  • 14 cents per mile driven in service of charitable organizations.

The business mileage rate and the medical and moving expense rates each increased 1 cent per mile from the rates for 2017. The charitable rate is set by statute and remains unchanged.

 

 

 

https://www.irs.gov/newsroom/standard-mileage-rates-for-2018-up-from-rates-for-2017
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