IRS Standard Mileage Rate Calculator
Calculate your tax deduction or reimbursement based on current IRS rates.
Calculation Summary
Applicable Rate: per mile
Total Miles: miles
Estimated Deduction:
How the IRS Mileage Rate Works
The IRS Standard Mileage Rate is the amount per mile that the Internal Revenue Service allows taxpayers to use to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Instead of tracking every single gas receipt, repair bill, and insurance payment, individuals can use this simplified standard rate.
2024 vs. 2023 Mileage Rates
The rates generally increase when fuel and vehicle maintenance costs rise. For 2024, the business mileage rate has increased to 67 cents per mile.
| Category | 2024 Rate | 2023 Rate |
|---|---|---|
| Business | 67 cents | 65.5 cents |
| Medical/Moving | 21 cents | 22 cents |
| Charitable | 14 cents | 14 cents |
Who Can Claim Mileage?
- Self-Employed Individuals: If you are a freelancer or small business owner, you can deduct mileage for trips to meet clients, go to the bank for business, or pick up supplies.
- Charity Volunteers: Miles driven in service of a qualified 501(c)(3) organization are deductible.
- Medical Trips: Miles driven for medical appointments or to obtain healthcare can be included as part of your medical expense deduction.
- Moving (Active Duty Military): Under current law, only active-duty military members moving under orders can claim moving mileage.
Example Calculation
If you drove 1,000 miles for business in 2024, your calculation would be:
1,000 miles × $0.67 = $670.00
This $670 represents the tax-deductible amount you can report on your tax return (typically Schedule C for self-employed individuals) or the amount an employer may reimburse you tax-free.
Record Keeping Requirements
To withstand an IRS audit, you must maintain a written or digital log. This log should include: the date of the trip, the starting point, the destination, the purpose of the trip, and the odometer readings (though total trip mileage is often sufficient if mapped).