Home / Business / IRS Increases 2026 Business Mileage Rate, Cuts Medical And Moving Rates

IRS Increases 2026 Business Mileage Rate, Cuts Medical And Moving Rates

The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped.

The IRS has announced its 2026 standard mileage rates. Beginning January 1, 2026, the standard mileage rates for the use of a car, van, pickup, or panel truck will be:
72.5 cents per mile driven for business use (up 2.5 cents from 2025).
20.5 cents p… [6285 chars]

Source: Forbes | Published: 2025-12-30T02:02:57Z

Credit: Forbes

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *