IRS Mileage Rates for 2020

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Tuesday, December 31, 2019

The Internal Revenue Service (IRS) announced the standard mileage rates for 2020. 

Beginning on January 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 57.5 cents per mile driven for business use, down one half of a cent from the rate for 2019,
  • 17 cents per mile driven for medical or moving purposes, down three cents from the rate for 2019, and
  • 14 cents per mile driven in service of charitable organizations.

To see the full announcement, visit the IRS website: https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2020.

 

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