Source:
IRS Standard Mileage Rate 2021
Employers can use the standard mileage rate to see how much they can reimburse employees for driving their personal vehicle(s) for business purposes. Since the mileage rate is going to be used for claiming deductions and determining the reimbursement amounts, it carries importance.
Use the IRS Mileage Rate 2021 to see how much you’re eligible to claim as part of the mileage deduction.
Here is how much the mileage rates are for 2021.
Business: 58 cents per mile driven
Medical: 18 cents per mile driven
Moving: 18 cents per mile driven
Charity: 14 cents per mile driven
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