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IRS Issues Standard Mileage Rates for 2019Internal Revenue Form

IRS Issues Standard Mileage Rates for 2019Internal Revenue Form

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internal revenue service irs tax news irs issues standard mileage rates for 2021 ir 2020-279 december 22nd 2020 washington the internal revenue service today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business charitable medical or moving purposes beginning on january 1st 2021 the standard mileage rate for the use of a car also vans uh pickups or penal trucks will be 56 cents per mile driven for business use down 1.5 cents from the rate for 2020 16 cents per mile driven for medical or moving purposes for qualified active duty members of the armed forces down one cent from the rate for 2020 and 14 cents per mile driven in service of charitable organizations the rate is set by stat statute and remains unchanged from 2020. the standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile the rate for medical and moving purposes is based on the variable

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