Standard mileage rates for 2026 were released by the Internal Revenue Service in a Dec. 29 notice.
The 2026 standard mileage rate for business use of automobiles is 72.5 cents, up from 70 cents for 2025, the IRS said in a press release.
The rate for medical or moving purposes in 2026 is 20.5 cents, down from 21 cents for 2025, the IRS said. Employer-paid moving expenses are taxable wages for most employees, except for some active-duty members of the U.S. military or intelligence community.
The rate for charitable purposes is set by statute and remains 14 cents per ...
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