2013/12/08

2014 Standard Mileage Rates for Business, Medical and Moving Announced | SmallBizSurvival.com

2014 Standard Mileage Rates for Business, Medical and Moving Announced | SmallBizSurvival.com

2014 Standard Mileage Rates for Business, Medical and Moving Announced

Posted: 07 Dec 2013 01:08 PM PST

Nash Metropolitan

Is your parade mileage deductible? Depends why you were in the parade! Photo by Becky McCray.

Beginning on Jan. 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

56 cents per mile for business miles driven
23.5 cents per mile driven for medical or moving purposes
14 cents per mile driven in service of charitable organizations

The business, medical, and moving expense rates decrease one-half cent from the 2013 rates. The charitable rate is based on statute.

For more details, check out IRS.gov.

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