SBS NOVA | 2020 Mileage Rates New mileage rates announced by the IRS
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2020 Mileage Rates New mileage rates announced by the IRS

2020 Mileage Rates New mileage rates announced by the IRS

Mileage rates for travel are now set for 2020. The standard business mileage rate decreases by 0.5 cents to 57.5 cents per mile. The medical and moving mileage rates also decreases by 3 cents to 17 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

2020 New Mileage Rates

2020 Mileage Rates

Here are 2019 rates for your reference, as well.

2019 Mileage Rates

2019 Mileage Rates

Remember to properly document your mileage to receive full credit for your miles driven.