Standard Mileage Rates for 2013

The Internal Revenue Service has issued the 2013 standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on January 1, 2013, the standard mileage rates for the use of a car (van, pickup, or panel truck) will be:

Business travel 56.5¢
Medical/moving 24¢
Charitable use 14¢

The rate for business miles driven during 2013 increases 1 cent from the 2012 rate.

The medical and moving rate is also up 1 cent per mile from the 2012 rate.

Comments are closed.