The Internal Revenue Service (IRS) issued 2019 federal mileage reimbursement rates that should be used to calculate costs for operating vehicles for business, charitable, medical or moving purposes. In summary, the business mileage rate increased 3.5 cents for business travel and 2 cents for medical and certain moving expenses from 2018.
2019 IRS Mileage Reimbursement Rates
Beginning January 1, 2019, standard mileage rates for the use of a car, van, pickups or panel trucks will be:
The mileage rates above can be used to calculate how much employers should reimburse employees who use their own cars for business purposes. Taxpayers always have the option to calculate the actual costs of using their vehicle, instead of using the standard mileage rates. For more information, please refer to the recent IRS news release.
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