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           The 2025 IRS standard mileage rate, once finalized, will significantly impact taxpayers who utilize the standard deduction for vehicle expenses The standard IRS mileage rates for business for 2025 will be 70 cents per mile - up 3 cents from the 2024 rate of 67 cents.
The IRS Standard Mileage Rate 1994 To 2025 Cardata The standard IRS mileage rates for business for 2025 will be 70 cents per mile - up 3 cents from the 2024 rate of 67 cents. Notice 2025-5 contains the optional 2025 standard mileage rates, as well as the maximum automobile cost used to calculate mileage reimbursement allowances under a fixed-and variable rate (FAVR) plan. This change provides taxpayers with updated rates to calculate deductible costs for vehicle use in business, charitable, medical, and certain moving purposes.
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