2018 Mileage Rates

vehicles photo
News Flash:
 
IRS just released 2018 mileage rates:
  
  • 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.
  • 25 cents per mile is the depreciation on the vehicle.

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