What Is the Standard Mileage Rate for 2017?

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What Is the Standard Mileage Rate for 2017?

This article is for the 2017 mileage rate. The IRS has announced the 2018 standard mileage rate.

The IRS announced the new standard mileage rate for 2017. The 2017 mileage rate is important for those who take driving-related deductions.

The 2017 standard mileage rates are:

  • 53.5 cents per mile for business, down from 54 cents in 2016
  • 17 cents per mile for medical/moving, down from 19 cents in 2016
  • 14 cents per mile for charity, the same as in 2016

While the business mileage rate gets most of the attention, you can also write off miles for charity, medical or moving purposes.

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