2023 Standard Mileage Rate Increases

Standard mileage rates have increased for 2023.  They are as follows:

• 65.5 cents per mile driven for business use, up 3 cents from the midyear increase setting the rate for the second half of 2022. 
• 22 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces, consistent with the increased midyear rate set for the second half of 2022.
  

• 14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2022. 

Reminders: 

1. Under the Tax Cuts and Jobs Act, taxpayers can no longer claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. The business rate applies to self-employed taxpayers. 
2. Taxpayers also cannot claim a deduction for moving expenses, unless they are members of the Armed Forces on active duty moving under orders to a permanent change of station.

For more information:  2023 Standard Mileage Rates (irs.gov)