IRS 2009 Mileage Rate Changes
December 23, 2008
Rate reflects recent reversal of gasoline prices.
On November 24, 2008, the IRS released the 2009 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Effective January 1, 2009, the standard mileage rates for cars, vans, pick-ups or panel trucks will be:
- Business: $0.55 per mile
- Medical/Moving: $0.24 per mile
- Charitable: $0.14 per mile
To read more about the mileage standard rates go to:
http://www.irs.gov/newsroom/article/0,,id=200505,00.html
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