2025 Mileage Rate For Taxes And Fees . 2024 Mileage Allowance Lizzy Querida Compared with the previous year's rates, most remain the same, with the exception of business miles increasing by 3 cents Here's what you need to know about the new rates and vehicle value limits
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However, the standard mileage rates cannot be used if you have used the actual method (using Sec Standard mileage rates for 2025 apply to taxes filed in 2026
Irs Standard Deduction 2025 Rene Wandis The IRS has released (Notice 2025-5) the 2025 standard mileage rates 21 cents per mile for medical purposes, unchanged. Beginning January 1, 2025, the standard mileage rates for cars, vans, pickups, and panel trucks are as follows: 70 cents per mile for business use, up from 67 cents in 2024
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