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Jan. 20, 2026 Source: IRS.Gov/newsroom The Internal Revenue Service today announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents in 2026, while the mileage rate for vehicles used for medical purposes will decrease by half a cent, reflecting updated cost data and annual inflation adjustments. Effective Jan. 1, 2026, the standard mileage rates for the use of a car, van, pickup or panel tuck are: 72.5 cents per mile driven for business use, up 2.5 cents from 2025. 20.5 cents per mile driven for medical purposes, down a half cent from 2025. 20.5 cents per mile driven for moving purposes for qualified active-duty members of the Armed Forces, reduced by a half cent from last year. 14 cents per mile driven in service of charitable organizations, equal to the rate in 2025. Use of the standard mileage rates is optional. Taxpayers may instead choose to calculate the actual costs of using their vehicle. Taxpayers using the standard mileage rate for a vehicle they own and use for business must choose to use the rate in the first year the automobile is available for business use. Then, in later years, they can choose to use the standard mileage rate or actual expenses. For a leased vehicle, taxpayers using the standard mileage rate must employ that method for the entire lease period, including renewals. Tweet |
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