| Return to Tax Industry News | ||||||||||||||||||||
| Standard Mileage Rate | ||||||||||||||||||||
Post Date: 12/23/2015 | ||||||||||||||||||||
| Last Updated: 12/23/2015 | ||||||||||||||||||||
Summary | ||||||||||||||||||||
| Cross References - Rev. Proc. 2010-51 - Notice 2016-1 The IRS has released the 2016 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes. The following chart reflects the new 2016 standard mileage rates compared to the 2015 and 2014 tax year standard mileage rates.
| ||||||||||||||||||||
Print Version: Click here for a printable version of this document. |
