Taxes

IRS 2018 standard mileage rate goes up from 2017 mileage rate

2018 Standard Mileage Rate Goes Up, IRS Announces

The IRS standard mileage rate for deducting business use of a vehicle rises slightly in 2018 from the rate in 2017. The standard mileage rate is also often used as the reimbursement rate for employee use of a personal vehicle for business purposes.