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2017 Mileage Rates – New mileage rates announced by the IRS

2017 Mileage Rates – New mileage rates announced by the IRS

Here are the standard mileage rates for 2017

2017 Mileage Rates

The IRS recently announced mileage rates to be used for travel in 2017. The Business mileage rate decreases by 0.5 cents while Medical and Moving mileage rates are lowered by 2 cents. Charitable mileage rates are unchanged.

2017 New Mileage Rates

Standard Mileage Rates
Mileage Rate/Mile
Business Travel 53.5¢
Medical/Moving 17¢
Charitable Work 14¢
Mileage Rates

Here are 2016 rates for your reference as well.

2016 Mileage Rates

Standard Mileage Rates
Mileage Rate/Mile
Business Travel 54.0¢
Medical/Moving 19¢
Charitable Work 14¢
Mileage Rates

Remember to properly document your mileage to receive full credit for your miles driven.