2025 Mileage Reimbursement Rate 2025. 2025 Mileage Reimbursement Rate Chart Printable Todd Alvarez 19, 2024 — The Internal Revenue Service today announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024. The mileage reimbursement rates for 2025 are 70 cents for business miles, 21 cents for medical or moving, and 14 cents per charity.
Understanding IRS Mileage Reimbursement Rates Ultimate Guide from www.mileagewise.com
The IRS has announced the optional 2025 standard mileage rates for business, medical, and other uses of an automobile, and the 2025 vehicle values that limit the application of certain rules for valuing an automobile's use The mileage reimbursement rates for 2025 are 70 cents for business miles, 21 cents for medical or moving, and 14 cents per charity.
GSA has adjusted all POV mileage reimbursement rates effective January 1, 2025. The IRS announced the standard mileage rate will rise by 3 cents per mile for 2025. 2054 (December 22, 2017), commonly known as the Tax Cuts and Jobs.
2025 Mileage Reimbursement Rate Chart Blanca Fortin. The optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024. 19, 2024 — The Internal Revenue Service today announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024.
2025 Mileage Reimbursement Rate Uriah Hitakers. GSA has adjusted all POV mileage reimbursement rates effective January 1, 2025. Ensure an accurate log and maximize deductions now!