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2018 Mileage Rates Now Established

The IRS recently announced mileage rates to be used for travel in 2018. The Business mileage and medical/moving rates increase by 1.0 cent. Charitable mileage rates are unchanged.

2018 New Mileage Rates
Mileage Rate/Mile
Business Travel 54.5¢
Medical/Moving 18.0¢
Charitable Work 14.0¢

Here are 2017 rates for your reference as well.

2017 Mileage Rates
Mileage Rate/Mile
Business Travel 53.5¢
Medical/Moving 17.0¢
Charitable Work 14.0¢

Remember to properly document your mileage to receive full credit for your miles driven.