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    2017 Mileage Allowance

    The IRS has released its standard mileage allowance for 2017.

    IRS Notice 2016-79 says that for the 2017 tax year, the standard mileage rate is 53.5 cents per mile; the medical travel rate is 17 cents per mile; the rate for charitable-related travel remains 14 cents per mile.

    https://www.irs.gov/pub/irs-drop/n-16-79.pdf

    Notice 2016-79

    The standard mileage rate for transportation or travel expenses is 53.5 cents per mile for all miles of business use (business standard mileage rate). See section 4 of Rev. Proc. 2010-51.

     The standard mileage rate is 14 cents per mile for use of an automobile in rendering gratuitous services to a charitable organization under § 170. See section 5 of Rev. Proc. 2010-51.

     The standard mileage rate is 17 cents per mile for use of an automobile (1) for medical care described in § 213, or (2) as part of a move for which the expenses are deductible under § 217. See section 5 of Rev. Proc. 2010-51.

    The information provided herein is provided with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional service. As such, M + O = CPE, Inc. and the author disclaim any responsibility or liability for the information supplied herein or the application of said information.