From News Alerts <[email protected]>
Subject IRS ISSUES STANDARD MILEAGE RATES FOR 2020
Date January 7, 2020 1:19 PM
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IRS ISSUES STANDARD MILEAGE RATES FOR 2020
WASHINGTON - The Internal Revenue Service today issued the 2020
optional standard mileage rates (PDF) used to calculate the deductible
costs of operating an automobile for business, charitable, medical or
moving purposes.

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.

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