IRS News Release: 2025 Standard Mileage Rate for Vehicles Driven for Business Increased to 70 Cents per Mile, Rates for Vehicles Used for Other Purposes Remains Unchanged (IRC §61)

Beginning Jan. 1, 2025, the optional standard mileage rate for automobiles driven for business will be 70 cents per mile (increased from 67 cents per mile in 2024), while the mileage rates for vehicles used for other purposes will remain unchanged from 2024, the IRS announced. Optional standard milage rates are used to calculate the deductible costs of operating vehicles for business, charitable and medical purposes, as well as for active-duty members of the Armed Forces who are moving. The standard mileage rates for the use of a car, van, pickup, or panel truck will be: (1) 70 cents per ...