By Beginning January 1, 2013, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) is:
- 56.5 cents per mile for business miles driven
- 24 cents per mile driven for medical or moving purposes
- 14 cents per mile driven in service of charitable organizations
The standard mileage rate are based on an annual study of the fixed and variable costs of operating an automobile.
Let us know if you have questions about which driving activities you should monitor as tax year 2013 begins.