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Standard mileage rates in 2015

Standard mileage rates in 2015

Optional standard mileage rates for use of a vehicle will change for 2015. The business use rate will increase and the medical rate will decrease (Notice 2014-79).

Beginning on Jan. 1, 2015, the standard mileage rates for the use of cars, vans, pickups or panel trucks will be:

  • For business use of a car, van, pickup truck, or panel truck, the 2015 rate will be 57.5 cents per mile, slightly higher than the 56 cents per mile rate that applies for 2014.
  • Driving for medical or moving purposes may be deducted at 23 cents per mile, which is one-half cent lower than for 2014.
  • The rate for service to a charitable organization is unchanged, set by statute (Sec. 170(i)) at 14 cents a mile.

The portion of the business standard mileage rate that is treated as depreciation will be 24 cents per mile for 2015, up two cents from the 22-cent rate in effect for 2014.