IRS Mileage Reimbursement Rate 2020 Calculator
Calculate your deductible vehicle expenses for the 2020 tax year
Estimated Reimbursement
Understanding the 2020 IRS Mileage Rates
The Internal Revenue Service (IRS) provides standard mileage rates annually to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. For the tax year 2020 (filing in 2021), the rates saw a slight decrease from the 2019 levels due to changes in fuel costs and vehicle valuations.
| Category | 2020 Rate (per mile) |
|---|---|
| Business Use | 57.5 cents |
| Medical or Moving | 17 cents |
| Charitable Service | 14 cents |
Who can use the 2020 Mileage Calculator?
This calculator is specifically calibrated for tax returns or reimbursement requests pertaining to the calendar year 2020.
- Self-Employed Individuals: Use the business rate to deduct expenses for travel between work locations or to meet clients.
- Employees: While the Tax Cuts and Jobs Act suspended miscellaneous itemized deductions for most employees, certain specialized professions (like armed forces reservists or fee-basis state/local government officials) may still use these rates.
- Medical Purposes: Individuals who drove for essential medical care can deduct 17 cents per mile.
- Charity Volunteers: Miles driven in service of a qualified 501(c)(3) organization are deductible at 14 cents per mile.
Example Calculations
To see how the math works, consider these scenarios using 2020 rates:
- Business: If you drove 1,000 business miles, your deduction is 1,000 x $0.575 = $575.00.
- Medical: If you drove 500 miles for doctor appointments, your deduction is 500 x $0.17 = $85.00.
- Charity: If you drove 200 miles delivering meals for a non-profit, your deduction is 200 x $0.14 = $28.00.
Note: To claim these deductions, the IRS requires you to maintain an accurate written log of your mileage, including the date, purpose of the trip, and the number of miles driven.