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Standard Mileage Rates for 2016

Business standard mileage rate as of January 1, 2016 is 54cents; per mile.

The rate for using a car to get medical care or in connection with a move that qualifies for the moving expense deduction is 19 cents.

The mileage rate for driving an auto for charitable use will remain unchanged at 14 cents per mile (a statutory rate that's not adjusted for inflation).

Mileage Rate Changes:

Purpose2016as of 2015as of 2014
Business 54 cents 57.5 cents 56 cents
Medical/Moving 19 cents 23 cents23.5 cents
Charitable14 cents 14 cents 14 cents

Updated: February 2016

In need of accounting services? Please contact our office to talk to one of our professionals about your accounting needs and how we may be of service.

Bassman, Laserow, Adelman & Weiss, PC
630 Sentry Parkway East, Suite 200
Blue Bell, PA 19422
voice: 215-628-0420
fax: 215-628-3461
email: Bassman, Laserow
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