IRS Increases 2011 Mileage Rates
Courtesy of IRS http://www.irs.gov/pub/irs-drop/a-11-40.pdf
The following standard mileage rates will apply:
- January 1 – June 30: 51 cents per mile for business miles driven
- July 1 – December 31: 55.5 cents per mile for business miles driven
- January 1 – June 30: 19 cents per mile driven for medical or moving purposes
- July 1 – December 31: 23.5 cents per mile driven for medical or moving purposes
- January 1 – December 31: 14 cents per mile driven in service of charitable organizations.
- This can only be changed by an Act of Congress. So it rarely changes
These rates apply to the use of cars, vans, pickups, or panel trucks.
- Ask TaxMama :: Where taxes are fun and answers are free
- TaxQuips :: The number ONE free tax podcast online
- IRS News :: Where you can read this week's issue
- IRS News :: Where you can add your comments, too
Wayne on Tue, 20th Sep 2011 9:06 am
It’s not enough
christine o jones on Mon, 13th Feb 2012 2:06 pm
i have been looking for my income taxs sinc jan.26 2012 and it was sent to e-file an i was to get it direct deposite into my checking account on the 6th of feb. An i have been checking everyday i call even today feb. 13th an still no info please help me find out where my refund is thank you Christine O. Jones