Standard Mileage Rate Increase Now in Effect

January 16, 2018 • Zach DiSchiano

The Internal Revenue Service (IRS) announced a one-cent increase in standard mileage rates for the 2018 calendar year, which became effective January 1.

  • 54.5 cents for every mile of business travel driven, up 1 cent from the rate for 2017
  • 18 cents per mile driven for medical or moving purposes, up 1 cent from the rate for 2017
  • 14 cents per mile driven in service of charitable organizations

For more information, view the press release from the IRS.

Tagged: HR