2025 Mileage Rates
On December 19, 2024, the IRS announced 2025 Standard Mileage Rates. More details are available in IRS Notice 2025-5.
70 cents per mile for business use (up 3 cents from 2024)
24 cents per mile for medical purposes (no change
14 cents per mile for charitable purposes (no change)
Do you work for someone else and use your vehicle for your employer's business purposes?
Ask your employer to establish a reimbursable plan, allowing you to be reimbursed for business miles. Why? Itemized deductions are currently suspended 2018-2025 because of the Tax Cuts and Jobs Act (TCJA). This means you can't take a personal deduction for unreimbursed mileage on your personal tax return. This also applies S-Corporation shareholder employees.
Remember that commuting is never deductible by you or your employer.
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