Auto Mileage Rates

Taxpayers are allowed to use the standard mileage rates in lieu of tracking actual automobile expenses for business, charitable and medical purposes.  The rates are updated at least annually.  The rates for 2017 and 2018 are as follows:

Cents per mile                                                                   2019   2020

Business and unreimbursed employee expenses                     58.0   57.5

Charitable travel                                                                  14.0   14.0

Medical travel                                                                      20.0   17.0

There are specific documentation requirements when claiming deductions for automobile expenses.  See my article on “Keeping Adequate Records” for more information.