Tax Facts

Information to help individuals and small business navigate our complex Tax Laws. Not to be construed as tax advice. Contact your hired tax advisor for your specific tax situation and advice.

Standard Mileage Rates for 2016 Taxes

The standard mileage rates allowed for deductions on your 2016 tax return depend on the purpose for which you drove those miles. The standard mileage rate allowed for operating expenses for a car when you use it for business purposes is 54 cents a mile. If you used your car for medical reasons (driving to your doctor or the lab) the standard deduction is 19 cents a mile. The rate for driving to perform volunteer work for certain charitable organizations remains unchanged at the 2015 rate of 14 cents a mile. Remember to keep a mileage log and categorize your mileage accordingly. Without one, your deduction is generally disallowed in an audit.

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