Taxpayer asks:

I haven’t seen the 2010 standard mileage rates that the IRS usually puts out at the end of November. Do you know if there was an announcement on this?

Taxgirl says:

You have super timing! I received this email at 8:53 a.m. today. At 2:36 p.m., an email from IRS landed in my inbox announcing the rates.

Here’s the info:

Beginning on Jan. 1, 2010, the standard mileage rates are:

  • 50 cents per mile for business miles driven
  • 16.5 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

If you’re thinking the rates feel a little lower than last year’s rates, you’re right. That reflects the idea that the cost of fuel overall has decreased. The rates for business and medical or moving purposes are adjusted according to a formula, so they tend to vary from year to year.

The charitable mileage rate is the same tired rate as before… And it’s far too low. It’s fixed by Congress and they haven’t seen fit to change it.

Like any good lawyer, I need to add a disclaimer: Unfortunately, it is impossible to give comprehensive tax advice over the internet, no matter how well researched or written. Before relying on any information given on this site, contact a tax professional to discuss your particular situation.

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Last Updated on

Author

Kelly Erb is a tax attorney and tax writer.

Comments

  1. I KNOW THE RATES ON SOME THINGS, BUT I NEED RATES FOR TRANSPORTATION WORKERS FOR 2010. THANK YOU VERY MUCH. EXAMPLE: TRUCKERS, BUS DRIVERS, ETC. THANK YOU. SINCERELY, JOYCE HARRIS

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