2017 Standard Mileage Rates for Business, Medical and Moving Announced » Mortgage Masters Group

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The IRS has announced 2017 optional standard mileage rates for calculating deductible costs of using automobiles (cars, vans and pick-up or panel trucks) in business, medical, moving and charitable capacities. Effective January 1, 2017, these rates will be set to: 53.5 cents per mile for business miles driven (down from 54 cents for 2016)

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Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per mile for business miles driven, down from 54 cents for 2016 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016 14 cents per mile driven in service of charitable organizations

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Optional standard mileage rates for use of a vehicle will decrease for business, medical, or moving purposes in 2017, the IRS announced on Dec. 13. Set annually by the IRS, taxpayers can use the standard mileage rates to calculate the deductible costs of operating an automobile.

2017 IRS Mileage Rate: What You Need to Know. 2017 . The standard mileage rate for 2017 was recently announced by the IRS, advising taxpayers of the optional cents per mile reimbursement rate for the year.. The IRS also determined 17 cents per mile rate for medical or moving purposes and.

2017 Standard Mileage Rates for Business, Medical and Moving Announced IR-2016-169, Dec.13, 2016 WASHINGTON – The Int ernal Revenue Se rvice t oday i ssued t he 2017 opt i onal st andard mileage rates used to calcul at e t he deduct i bl e cost s of operat i ng an aut omobi l e f or business,

2017 Standard Mileage Rates for Business, Medical and Moving Announced February 5, 2016 by Tom Janssen WASHINGTON – The Internal Revenue Service today issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) are: 53.5 cents per mile for business miles driven, down from 54 cents in 2016 17 cents per mile driven for medical or moving purposes, down from 19 cents in 2016

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