New Mileage Rate for 2021

Updated: Mar 21

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.

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