2012 Standard Mileage Rates
The Internal Revenue Service issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.
Beginning on January 1, 2012 the standard mileage rates for the use of a car (also van, pickups, or panel trucks) will be:
- 55.5 cents per mile for business miles driven
- 23 cents per mile for medical or moving purposes
- 14 cents per mile driven in service of charitable organizations