2025 Mileage Rate For Taxes 2025

2025 Mileage Rate For Taxes 2025. The new irs mileage rates for 2025 are 67 cents per mile for business purposes (up from 65.5 cents per mile in 2023), 21 cents per mile for medical or moving. April 1, 2025 the kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.

Washington — the internal revenue service. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600.