2017 Standard Mileage Rates for Business, Medical and Moving Announced » Mortgage Masters Group

2017 Standard Mileage Rates for Business, Medical and Moving Announced IR-2016-169, Dec.13, 2016 WASHINGTON – The Int ernal Revenue Se rvice t oday i ssued t he 2017 opt i onal st andard mileage rates used to calcul at e t he deduct i bl e cost s of operat i ng an aut omobi l e f or business,

Inflation is the primary reason why mileage reimbursement rates are have been adjusted for 2017. Charitable, Medical and Moving Mileage Reimbursement Rates. Beginning on Jan. 1, 2017, the standard mileage reimbursement rates for the use of a car, van, pickup or panel truck, are: 53.5 cents per mile for business miles driven.

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The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Source: 2017 Standard Mileage Rates for Business, Medical and Moving Announced

The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

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2017 Standard Mileage Rates for Business, Medical and Moving Announced December 13, 2016 – IR-2016-169 WASHINGTON The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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The optional standard mileage rates for business use of a vehicle will drop slightly in 2017, the second consecutive annual decline, the IRS announced Thursday (Notice 2016-79).For business use of a car, van, pickup truck, or panel truck, the rate for 2017 will be 53.5 cents per mile, down from 54 cents per mile in 2016.

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2017 Standard Mileage Rates for Business, Medical and Moving Announced IR-2016-169, Dec.13, 2016 WASHINGTON – The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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