2025 Mileage Rate For Taxes And Fees . Mileage Rate For 2025 Darya Emelyne 179, bonus depreciation and/or MACRS depreciation) in previous years. Here's what you need to know about the new rates and vehicle value limits
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The standard mileage rates for 2025 are: Self-employed and business: 70 cents/mile ; Charities: 14 cents/mile ; Medical: 21 cents/mile ; Moving (military only): 21 cents/mile Compared with the previous year's rates, most remain the same, with the exception of business miles increasing by 3 cents
Mileage Calculator 2024 Taxes 2024 Audrye Birgitta The standard IRS mileage rates for business for 2025 will be 70 cents per mile - up 3 cents from the 2024 rate of 67 cents. While the bonus depreciation rate had been 100% during 2018-2022, it was 80% for 2023, 60% for 2024 and will be 40% for vehicles put in service in 2025 Standard mileage rates for 2025 apply to taxes filed in 2026
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