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12.31.19

IRS standard mileage rate for 2020

BY Mary-Benham B. Nygren

As of January 1, 2020, the Internal Revenue Service (IRS) standard mileage rates for cars, vans, pickups and panel trucks will be:

  • 57.5¢ per mile for business travel purposes
  • 17¢ per mile for medical or moving purposes
  • 14¢ per mile for charitable purposes

The business, medical and moving rates decreased from the 2019 standard mileage rates while the charitable rate remained the same.

Careful mileage records should be kept, which include the date, miles driven, start and end location and how the travel related to one of the categories above.

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Mary-Benham B. Nygren

Paralegal

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