Tuesday, December 18, 2018
2019 Standard Mileage Rates
Beginning 1/1/19, the standard mileage rates for cars, vans, pickups,
and panel trucks will be 58 cents per mile for business miles, 20 cents per
mile for medical or moving purposes, and 14 cents per mile for charitable
purposes. However, the rates cannot be used to claim an itemized deduction for
unreimbursed employee travel expense or for moving expenses (except for certain
members of the U.S. Armed Forces) because these deductions were suspended for
2018-2025 by the Tax Cuts and Jobs Act. The portion of the business standard
mileage rate treated as depreciation is 24 cents per mile for 2015 and 2016, 25
cents per mile for 2017 and 2018, and 26 cents per mile for 2019. When
computing the allowance under a Fixed and Variable Rate (FAVR) plan, the
standard vehicle cost cannot exceed $50,400 for autos, trucks, or vans. Notice
2019-2; News Release IR-2018-251
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