The IRS released their 2019 Standard Mileage Rate and rates have gone up. The 2019 standard mileage rates are: 58 cents per mile driven for business use, 20 cents per mile driven for medical or moving purposes, and 14 cents per mile driven in service of charitable organizations.
You may wonder – isn’t the standard mileage rate a fixed rate? Unfortunately, the mileage rate is not set value. The amount-per-mile fluctuates on a yearly basis by a penny or two, up or down.
What is the IRS 2019 Standard Mileage Rate?
Beginning on Jan. 1, 2019, the standard mileage rates for the use of vehicles during the course of business is: 58 cents per mile.
Business Mileage = 58 cents
Medical Mileage = 20 cents
Charity Mileage = 14 cents