- 56.5 cents per mile for business miles driven
- 24 cents per mile for medical or moving
- 14 cents per mile driven for charitable purposes
Documentation requirements for business use:
- Daily log of business use of vehicle
- Record purpose of business trips and mileage covered for business travel (account for any mileage reimbursed by employer)
- Odometer readings for beginning and end of the tax year
Documentation for personal use (moving and charitable purposes):
- Odometer reading - beginning and end of trip
- Date & purpose of trip
- Account for any reimbursements - by charity or employer (due to move to another location)
For more information, click here.
