IRS Issues SIFL Rates for 2026 Aircraft Fringe Benefits

The IRS has issued revenue ruling providing the terminal charge and Standard Industry Fare Level (SIFL) mileage rates for valuing noncommercial flights on employer-provided aircraft under I.R.C. §61 and Treas. Reg. §1.61-21(g). For flights taken Jan. 1 through June 30, 2026, the terminal charge is $54.48, and the SIFL mileage rates are: 1) $0.2980 per mile for flights up to 500 miles; 2) $0.2272 per mile for flights between 501 and 1,500 miles; and 3) $0.2184 per mile for flights over 1,500 miles. The rates are used to determine taxable fringe benefit value under the aircraft valuation formula. [Rev. Rul. ...