2021 Mileage Rates Change
Gregory S. Dowell • December 23, 2020
New Rates for 2021 for Business, Medical, and Charitable Miles
The IRS recently released mileage rates and, yes, those rates have decreased again for 2021. Some rates to note:
- Business use - for a car, van, pickup truck, or panel truck, the optional standard mileage rate for 2021 will be $.56 per mile (down from $.575 per mile in 2020). This is also the maximum rate that an employer can reimburse an employee without substantiating the actual expense incurred.
- Medical care - driving is deductible at $.16 per mile.
- Charitable expense - remains at $.14 per mile.
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