New mileage rates announced by the IRS

Mileage rates for travel are now set for 2026. The standard business mileage rate increases by 2.5 cents to 72.5 cents per mile. The medical and moving mileage rates go down 1/2 cent to 20.5 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

2026 New Mileage Rates

Here are the 2025 mileage rates for your reference.

Please note:

• These rates apply to gas, electric, hybrid-electric, and diesel-powered vehicles.
• You cannot claim mileage as an itemized deduction as an employee if you aren’t reimbursed for travel expenses.
• Claiming a mileage deduction for moving expenses is not allowed unless you are an active member of the Armed Forces and are ordered to move to a new permanent duty station.

Remember to properly document your mileage to receive full credit for your miles driven.

Category: What’s New	Published: 01/16/2026