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2012/12/04

Small Biz Survival.com

Small Biz Survival.com


2013 Optional Standard Mileage Rates

Posted: 04 Dec 2012 12:28 AM PST

by GlennaMae Hendricks, EA

Wow! Mr. McCray washed the farm truck! (The farm truck *never* gets washed.)
Pickups use the same mileage rate as
cars and vans. 
The Internal Revenue Service has issued the 2013 optional standard mileage rates that may be used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Starting Jan. 1, 2013, the standard mileage rate for a car (also vans, pickups or panel trucks) becomes:
  • 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


Source: IRS Newswire of 21 November 2012, IR-2012-95 

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