IRS Announces 2014 Standard Mileage Rates
Created on November 21, 2013 - 9:59pm
Beginning on January 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 56 cents per mile for business miles driven
- 23.5 cents per mile driven for moving or medical purposes
- 14 cents per mile driven in service of charitable organizations
The rate for business miles driven during 2014 decreases 1/2 cent from the 2013 rate. The moving and medical rate is also down 1/2 cent per mile from the 2013 rate.
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