2011 Mileage Rates

published December, 2010

The IRS says it costs an extra penny per mile to drive your car next year—the new Standard Mileage Rate for business miles will go to $0.51 per mile from the current $0.50 per mile. Medical and Moving mileage rates are going to be $0.19 per mile and charitable mileage will be $0.14 per mile.