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IRS Announces Mileage Rates for 2015

Business Rate Goes Up, While Personal Rate Declines

Last week the IRS announced the standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, moving or medical purposes.  Beginning January 1, 2015, the updated rates are:
  • 57.5 cents per mile for business usage, up from 56 cents in 2014
  • 23 cents per mile for medical or moving purposes, down from 23.5 cents in 2014
  • 14 cents per mile in service of a charitable organization, unchanged from 2014


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Katy, Texas 77450