QUICK TAX FACTS
AUTO MILEAGE RATES
|
|
|
|
2005 |
|
|
|
Publication number |
2003 |
2004 |
Jan 1 -
Aug 31 |
Sept 1-
Dec 31 |
2006 |
2007 |
Business 1,3,4 |
463 |
36¢ |
37.5¢ |
40.5¢ |
48.5¢ |
44.5¢ |
48.5¢ |
Rural mail carrier |
463 |
note 2 |
note 2 |
note 2 |
note 2 |
note 2 |
note 2 |
Charitable |
526 |
14 |
14 |
14 |
14 |
14 |
14 |
Hurricane Katrina |
526 |
N/A |
N/A |
N/A |
34 |
N/A |
N/A |
Medical |
502 |
12 |
14 |
15 |
22 |
18 |
20 |
Moving |
521 |
12 |
14 |
15 |
22 |
18 |
20 |
Notes:
1 standard mileage rate may be used for leased vehicles
2 limit to qualified equipment maintenance allowance
3 standard mileage rate not available if 2 vehicles used simultaneously (tax year 2003)
4 standard mileage rate may be used for all vehicles, if 4 or fewer vehicles are used (beginning tax year 2004)
The information provided in this "Quick Tax Facts" section is intended as a general guideline only.
For the most detailed and up-to-date information, contact us at 518-783-7200, or visit www.irs.gov.