Standard Mileage Rates for 2023
The 2023 IRS mileage rates are:
- 65.5 cents per mile for business purposes
- 22 cents per mile for medical and moving purposes
- 14 cents per mile for charitable purposes
The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical purposes is based on the variable costs.
Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.
A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for more than four vehicles used simultaneously.
Prior Year Mileage