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2018 Mileage Rates: New mileage rates announced by the IRS

mileage

The IRS recently announced mileage rates to be used for travel in 2018. The Business mileage rate increases by 1 cent. The Medical and Moving mileage rates are also raised by 1 cent. Charitable mileage rates are unchanged.

2018 New Mileage Rates

2018 Mileage Rates

Here are 2017 rates for your reference as well.

2017 Mileage Rates

2017 Mileage Rates

Remember to properly document your mileage to receive full credit for your miles driven.

As always, feel free to pass this Tip along to friends, and reach out if you need help with your personal tax and finance situation.

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