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The IRS has revised the 2022 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes.
The revised rates apply to deductible transportation expenses paid or incurred on or after July 1, 2022. The standard mileage rates set forth in Notice 2022-03 continue to apply to deductible transportation expenses paid or incurred before July 1, 2022.
The following chart reflects the new revised 2022 standard mileage rates compared to
previous periods.
| Beginning July 1, 2022 | Before July 1, 2022 | 2021 |
Business rate per mile* | 62.5¢ | 56.0¢ | |
Medical and moving rate per mile** | 22.0¢ | 18.0¢ | 16.0¢ |
Charitable rate per mile | 14.0¢ | 14.0¢ | 14.0¢ |
*A deduction for unreimbursed employee business travel is suspended for tax years 2018 through 2025, unless the deduction is allowed in determining adjusted gross income, such as members of a reserve component of the Armed Forces, state or local government officials paid on a fee basis, or certain performing artists.
**A deduction for moving expenses is suspended for tax years 2018 through 2025, unless the taxpayer is a member of the Armed Forces on active duty who moves pursuant to a military order and incident to a permanent change of station.
References: Rev. Proc. 2010-51 | Notice 2021-02 | Notice 2022-03 | Announcement 2022-13 | IRS.gov
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