Tuesday Tip: IRS Mileage Rate Reminders

Posted On: August 23, 2022

In this week’s #TuesdayTip, reminders that the IRS Mileage rates increased in the wake of record inflation.

Prior to July 1, 2022 Rate

  • 58.5 cents per mile

After July 1, 2022 Rate

  • 62.5 cents per mile

In addition to the mileage rates, there are also changes for medical rates.

Prior to July 1, 2022 Rate

  • 18 cents per mile

After July 1, 2022 Rate

  • 22 cents per mile

Finally, the mileage rate for charitable organizations remains unchanged at 14 cents per mile.

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