New Standard Mileage for 2021

Beginning on January 1, 2021 the standard mileage rates for the using your vehicle will be:

• 56 cents per mile driven for business use, it went down 1.5 cent from the rate for 2020.

• 16 cents per mile for medical, or moving purposes for qualified active duty member of the Armed Forces, it will down 1 cent from the rate for 2020

• 14 cents per mile driven in service of charitable organizations, the rate is set by statute and remains unchanged from 2020.

You can only use mileage as a tax deductions for business, charitable, medical, and moving purposes.