In IR-2018-251, dated December 14, 2018, the Internal Revenue Service announced the 2019 optional mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.
Beginning on January 1, 2019, the standard mileage rates for the use of a car, van, pickup truck or panel truck will be:
- 58 cents per mile driven for business use, up 3.5 cents from the rate for 2018,
- 20 cents per mile driven for medical or moving purposes, up 2 cents from the rate for 2018, and
- 14 cents per mile driven in service of charitable organizations.
Additional information can be found here.