IRS Increases 2011 Mileage Rates

by on June 24, 2011

 Courtesy of IRS http://www.irs.gov/pub/irs-drop/a-11-40.pdf

The following standard mileage rates will apply:

  • January 1 – June 30:  51 cents per mile for business miles driven
    • July 1 – December 31:  55.5 cents per mile for business miles driven
  • January 1 – June 30: 19 cents per mile driven for medical or moving purposes
    •  July 1 – December 31:  23.5  cents per mile driven for medical or moving purposes
  • January 1 – December 31: 14 cents per mile driven in service of charitable organizations.
    • This can only be changed by an Act of Congress. So it rarely changes 

These rates apply to the use of cars, vans, pickups, or panel trucks.

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