top of page

IRS increases mileage deduction rate by 4 cents to 62.5 for the last half of 2022.

In response to the rising cost of fuel, the Internal Revenue Service (IRS) announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes instead of tracking actual costs. The 14 cents per mile rate for charitable organizations remains unchanged as it is set by statute. Source: IRS (June 2022).


Beginning July 1, 2022, for the final 6 months of 2022, the standard mileage rate for business travel (also vans, pickups or panel trucks) are as follows:

  • 62.5 cents per mile driven for business use.

  • 22 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces.

  • 14 cents per mile driven in service of charitable organizations. This rate is set by statute and has not changed.


Purpose

Jan. 1 to June 30

July 1 to Dec. 31

​Business use

58.5 cents per mile

62.5 cents per mile

Medical care and for moving active-duty members of the Armed Forces

18 cents per mile

22 cents per mile

​Charitable organizations

14 cents per mile

14 cents per mile




bottom of page