IRS Increases the Standard Mileage Rate for Business Use in 2025

The Internal Revenue Service has announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025.

Beginning Jan. 1, 2025, the standard mileage rates for the use of a car, van, pickup or panel truck will be:

• 70 cents per mile driven for business use, up 3 cents from 2024.

• 21 cents per mile driven for medical purposes, the same as in 2024.

• 21 cents per mile driven for moving purposes for qualified active-duty members of the Armed Forces, unchanged from last year.

• 14 cents per mile driven in service of charitable organizations, equal to the rate in 2024.

The rates apply to fully-electric and hybrid automobiles, as well as gasoline and diesel-powered vehicles.

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