2017 Mileage Rates Released
The IRS recently released the mileage rates effective on January 1, 2017. They are:
- 53.5 cents per mile for business miles driven, down from 54 cents for 2016
- 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016
- 14 cents per mile driven in service of charitable organizations
The entire Notice can be read here.
