2019 Standard Mileage Rates Released


The IRS released the new standard rates for mileage deductions. They are:
58c/ mile for business
14c/mile charity
20c/mile medical
26c/mile depreciation

Keep in mind for 2019 to 2025, a taxpayer can no longer deduct employment expenses unless they are in the military, or performing artists. Self-employed individuals and businesses can still deduct their mileage expenses.