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IRS Announces 2025 Standard Mileage Rates

On December 19, 2024, the IRS announced  the 2025 optional standard mileage rates which are used to calculate the deductible costs of operating any fully electric, hybrid, gasoline or diesel-powered vehicle for business, charitable, medical or moving purposes. 

The 2025 standard mileage rates for the use of a car, van, pickup, or panel truck will be:

  • 70 cents per mile, an increase of 3 cents, driven for business use.
  • 21 cents per mile, which is unchanged, driven for medical purposes or for moving purposes for qualified active-duty members of the Armed Forces.
  • 14 cents per mile, which is unchanged, driven in service of charitable organizations.