IRS releases 2018 mileage rates
December 18, 2017
The Internal Revenue Services has released reimbursable mileage rates for 2018.
Business standard mileage rate is $0.545 (54.5 cents) per mile (up 1 cent from 2017)
Medical or Moving standard mileage rate is $0.18 (18 cents) per mile (up 1 cent from 2017)
Charitable standard mileage rate is $0.14 (14 cents) per mile (unchanged from 2017 as this is set by Congress)
The release can be downloaded here: https://www.irs.gov/pub/irs-drop/n-18-03.pdf
The tax bill currently at work in Congress may adjust these.
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