2009 Mileage Rates

2009 Standard Mileage rates for the use of a car (includes Pickups, Vans and Panel Trucks):

  • 55 cents per mile for business miles driven (decreases to 50 cents per mile in 2010)
  • 24.0 cents per mile driven for medical or moving purposes (decreases to 16.5 in 2010)
  • 14 cents per mile driven in service of charitable organizations (same in 2010)

Runzheimer International conducts an annual study of fixed and variable expenses to operate a vehicle.  Please note the Business Mileage Deduction may not be used if a vehicle has been depreciated using MACRS or depreciated using  §179.

This entry was posted in Income Tax, International Taxation, LLC's, Sub S Corporations. Bookmark the permalink.

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