SBS NOVA | 2021 Mileage Rates are Here! New mileage rates announced by the IRS
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2021 Mileage Rates are Here! New mileage rates announced by the IRS

2021 Mileage Rates are Here! New mileage rates announced by the IRS

Mileage rates for travel are now set for 2021. The standard business mileage rate decreases by 1.5 cents to 56 cents per mile. The medical and moving mileage rates also decrease by 1 cent to 16 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

2021 New Mileage Rates

2021 Mileage Rates

Here are the 2020 mileage rates for your reference.

2020 Mileage Rates

2020 Mileage Rates

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