Thursday, December 15, 2016

2017 Standard Mileage Rates Announced


The IRS published the 2017 standard mileage rates on 12/13/2016, and here they are:
  • $ .535 for business miles (down from $ .54 in 2016)
  • $ .17 for medical and moving expenses (down from $ .19 in 2016)
  • $ .14 for charitable mileage (this rate can only be changed by the U.S. Congress, and hasn't changed for years)

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