Irs mileage rate 2025 florida our guide covers accurate mileage tracking, irs. Understand how these rates will affect your deductions for business, medical, moving, or charitable.
67 cents per mile for business purposes (up 1.5 cents from 2023). The new rate kicks in beginning jan.
This Was A Three Cent Increase From The Second Half Of 2022, When The Rate Was 62.5.
The Standard Mileage Rate Set By The Internal Revenue Service Is 67 Cents Per Mile For 2025, An Increase Of 1.5 Cents From The 2023 Rate.
The new rate kicks in beginning jan.
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The Irs Mileage Reimbursement Rates For 2025 Are:
This year, the irs raised the mileage rate for 2025 to 67 cents per mile, which is 1.5 cents more than the previous year’s rate of 65.5 cents per mile.
What Is The Irs Mileage Rate For 2025?
This was a three cent increase from the second half of 2022, when the rate was 62.5.