Attention All Travelers & Those Who Will Have Business or Charitable Mileage 2012
2012 Standard Mileage Rates IRS Announces 2012 Standard Mileage Rates
.555 cents per mile for business miles driven
23 cents per mile driven for medical or moving purposes
14 cents per mile driven in service of charitable organizations
PEVA Mileage Form
For more information visit the IRS website at: http://www.irs.gov
The Internal Revenue Service has issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 201, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: $0.555 – note that the rate for business miles driven and the rate for miles driven in service of charitable organization is the same as the 2nd half of 2011, but the rate for miles driven for medical or moving purposes has increased to $0.23 per mile
Last Published: December 12, 2012
