Article By: Sound Accounting & Technology LLC.
IRS has announced 2017 standard mileage rates for business, medical and moving. The standard rate for business use of a car, van, pickup truck or panel truck will be 53.5 cents per mile versus 2016 rate of 54 cents. Medical and moving mileage rates will be lower as well. Charitable organization service driving rate will remain unchanged.
|
Vehicle Use |
2016 (cents per mile) | 2017 (cents per mile) |
|
Business |
54 | 53.5 |
|
Medical |
19 |
17 |
| Moving | 19 |
17 |
| Charitable | 14 |
14 |
