The federal mileage reimbursement rate for 2019 is 58 cents per mile. This rate applies to all vehicles including cars trucks vans and motorcycles.
The rate is based on the average cost of operating a vehicle including gas oil maintenance and depreciation. The rate is reviewed and updated each year by the IRS.
If you use your personal vehicle for business purposes you can deduct the business-related portion of your expenses on your taxes. You can either calculate your actual expenses or use the standard mileage rate.
To claim the standard mileage deduction you’ll need to keep track of your total miles driven for business purposes as well as your total driving expenses. You can then deduct the business-related portion of your driving expenses based on the federal mileage reimbursement rate.
For example let’s say you drove 1000 miles for business purposes in 2019. You would multiply 1000 miles by 58 cents for a total deduction of $580.
If you have any questions about the federal mileage reimbursement rate or how to claim the standard mileage deduction be sure to speak with your accountant or tax advisor.
What is the federal mileage reimbursement rate for business travel?
The federal mileage reimbursement rate for business travel is 54 cents per mile.
What is the federal mileage reimbursement rate for medical travel?
The federal mileage reimbursement rate for medical travel is 18 cents per mile.
What is the federal mileage reimbursement rate for moving expenses?
The federal mileage reimbursement rate for moving expenses is 19 cents per mile.
What is the federal mileage reimbursement rate for charitable travel?
The federal mileage reimbursement rate for charitable travel is 14 cents per mile.
What is the federal mileage reimbursement rate for travel related to a disaster?
The federal mileage reimbursement rate for travel related to a disaster is 34 cents per mile.
What is the federal mileage reimbursement rate for travel to receive training?
The federal mileage reimbursement rate for travel to receive training is 16 cents per mile.
What is the federal mileage reimbursement rate for travel to conduct business?
The federal mileage reimbursement rate for travel to conduct business is 24 cents per mile.
What is the federal mileage reimbursement rate for travel to a job interview?
The federal mileage reimbursement rate for travel to a job interview is 24 cents per mile.
What is the federal mileage reimbursement rate for travel to attend a conference?
The federal mileage reimbursement rate for travel to attend a conference is 24 cents per mile.
What is the federal mileage reimbursement rate for travel to inspect business property?
The federal mileage reimbursement rate for travel to inspect business property is 24 cents per mile.
What is the federal mileage reimbursement rate for travel to search for a new job?
The federal mileage reimbursement rate for travel to search for a new job is 24 cents per mile.
What is the federal mileage reimbursement rate for travel to attend a funeral?
The federal mileage reimbursement rate for travel to attend a funeral is 14 cents per mile.
What is the federal mileage reimbursement rate for travel to visit a sick relative?
The federal mileage reimbursement rate for travel to visit a sick relative is 18 cents per mile.
What is the federal mileage reimbursement rate for travel to provide volunteer services?
The federal mileage reimbursement rate for travel to provide volunteer services is 14 cents per mile.
What is the federal mileage reimbursement rate for travel to attend a court hearing?
The federal mileage reimbursement rate for travel to attend a court hearing is 34 cents per mile.
