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IRS Announces 2014 Standard Mileage Rates

Beginning January 1, 2014, the standard mileage rates will be:

  • 56 cents per mile for business miles driven (a decrease from 56.5 cents per mile in 2013)
  • 23.5 cents per mile for medical or moving expenses (a decrease from 24 cents per mile in 2013)

The rate for miles driven in service of charitable organizations is set by statute and remains at 14 cents per mile.