IRS RELEASES 2022 MILEAGE RATES
Beginning January 1, 2022, the standard mileage rates for use of car, van, pickups or panel trucks are as follows:
- 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021; and
- 18 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, up 2 cents from the rate for 2021; and
- 14 cents per mile driven in service of charitable organizations; the rate is set by statute and remains unchanged from 2021
Please remember that under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses nor can they claim a deduction for moving expenses, unless they are members of the Armed Forces on active duty moving under orders to a permanent change of station.
For more information on 2022 mileage rates, please contact one of the experienced tax professionals at Bormel, Grice & Huyett P.A. – 410-792-7259.Back To List