2019 Mileage Rates
There will be some exciting changes by the IRS for the mileage deduction in the new year. These changes will increase the per mile amount when operating an automobile for business, charitable, medical or moving purposes.
Beginning on January 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 58 cents per mile driven for business use – up 3.5 cents from the rate for 2018
- 20 cents per mile driven for medical or moving purposes – up 2 cents from the rate for 2018
- 14 cents per mile driven in service of charitable organizations
Keep in mind that there have been two tax changes that affect the mileage deduction. Tax reform eliminated the itemized deduction on Schedule A for unreimbursed employee travel expenses. Also, most taxpayers will not be able to claim a deduction for moving expenses.
If you have any questions, please give our office a call at 260-407-5000.