The Internal Revenue Service (IRS) recently issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Beginning January 1, 2019, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 58 cents per mile for business miles driven (up 3.5 cents from the rate in 2018).
- 20 cents per mile driven for medical or moving purposes (up 2 cents from the rate in 2018).
- 14 cents per mile driven in service of charitable organizations (same as 2018).