New Mileage Rate for 2021
Updated: Mar 21, 2021
The IRS standard mileage rate for 2021 was recently announced. It’s down slightly: $01.5 per mile. Additionally, the mileage rate for medical travel is $0.16 per mile and $0.14 for charitable.
An individual or business can use these rates to calculate deductible travel expenses for operating an automobile for business, charitable, or medical expense purposes.