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Thursday, January 18, 2018

 

Milage Rates

Standard Mileage Rates Effective 1/1/2018

 

Purpose                     2018 Rate                           2017 Rate

Business                       54.5/mile                           53.5/mile

Medical                         .18/mile                             .17/mile

Charity                          .14/mile                             .14/mile

When reporting mileage for your tax return, we will need the following information:

  • Total miles driven on your vehicle in 2018
  • Business miles only driven for the year