Mileage Rate 2015 Calculator

2015 IRS Mileage Rate Calculator

Business (57.5 cents/mile) Medical or Moving (23 cents/mile) Charitable (14 cents/mile)

Reimbursement Amount:

$0.00

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Understanding the 2015 IRS Mileage Rates

For tax purposes or employer reimbursement regarding travel that occurred in the 2015 calendar year, the IRS set specific standard mileage rates. These rates are used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.

Standard Mileage Rates for 2015

Beginning on January 1, 2015, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) were:

• Business: 57.5 cents per mile driven
• Medical or Moving: 23 cents per mile driven
• Charitable: 14 cents per mile driven

Historical Context of the 2015 Increase

The 2015 business rate represented an increase from the 2014 rate of 56 cents per mile. The IRS typically bases the business mileage rate on an annual study of the fixed and variable costs of operating an automobile, including gas, repairs, and insurance. The medical and moving rates, however, are based primarily on variable costs like fuel and oil.

Calculation Examples for 2015

If you are looking back at 2015 records for an audit or late filing, here is how the math works using the 2015 standards:

1. Business Trip: If you drove 1,000 miles for business in 2015, your deduction would be 1,000 x $0.575 = $575.00.
2. Moving for a New Job: If you moved 500 miles for a qualifying job change in 2015, the deduction would be 500 x $0.23 = $115.00.
3. Volunteer Work: If you drove 200 miles for a registered 501(c)(3) charity, the deduction would be 200 x $0.14 = $28.00.

Important Requirements

To claim these deductions, the IRS requires taxpayers to maintain a contemporaneous log. This means you should have records of the date of the trip, the destination, the business purpose, and the odometer readings (start and end). While the 2015 tax year has passed the standard three-year statute of limitations for most refunds, these figures remain vital for historical accounting, legal disputes, or cases involving tax fraud investigations where records must be reconstructed.