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The standard mileage rate for medical purposes remains at 21 cents per mile in 2025, the same as 2024. The same rate of 21 cents per mile will apply in 2025 for moving purposes for qualified ...
Charitable mileage rate: 14 cents per mile driven while volunteering for a qualified charitable organization. Parking fees and tolls are also deductible. This rate is unchanged from 2023.
Starting Jan. 1, 2025, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 70 cents per mile driven for business use, up 3 cents from 2024;; 21 cents per mile ...
The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...
The IRS business mileage standard cents-per-mile (CPM) rate provides a tax-free threshold for reimbursements that U.S. employers can offer to employees, in addition to individual tax deductions.