|Taxx Now 2 - 2017-2018 Updates
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Beginning on Jan. 1, 2018, the standard mileage rates for
the use of a car (also vans, pickups or panel trucks) will be:
54.5 cents for every mile of business travel driven, up 1
cent from the rate for 2017.
18 cents per mile driven for medical or moving purposes,
up 1 cent from the rate for 2017.
14 cents per mile driven in service of charitable
The business mileage rate and the medical and moving
expense rates each increased 1 cent per mile from the
rates for 2017. The charitable rate is set by statute and
The standard mileage rate for business is based on an
annual study of the fixed and variable costs of operating an
automobile. The rate for medical and moving purposes is
based on the variable costs.
Taxpayers always have the option of calculating the actual
costs of using their vehicle rather than using the standard