2025 Mileage Deduction

2025 Mileage Deduction. The new irs mileage rates for 2025 are 67 cents per mile for business purposes (up from 65.5 cents per mile in 2025), 21 cents per mile for medical or moving. Standard deduction for salaried class increased from 50,000 to 75,000 in a bid to give a boost to salaried taxpayers, finance minister nirmala.


2024 Mileage Deduction

Written by a turbotax expert โ€ข reviewed by a turbotax cpa updated for tax year 2025 โ€ข january. Depreciation limits on cars, trucks, and.

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