Librarian Files

Mileage Rates— IRS

As of January 1, 2012, the Internal Revenue Service announced the following 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes:

  • 55.5 cents per mile for business miles driven
  • 23 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

Source:

"IRS Announces 2012 Standard Mileage Rates, Most Rates Are the Same as in July." Internal Revenue Service. http://www.irs.gov/newsroom/article/0,,id=250882,00.html (accessed March 29, 2012).

Article tagged with: irs, internal revenue service, mileage rates, standard mileage

Last Update: 3-29-2012 1:31pm

<< Back
Pima County Website