The IRS has announced the optional 2015 standard mileage rates for use in computing the deductible costs of operating a passenger automobile for business, charitable, medical, or moving expense purposes.

Effective January 1, 2015, the standard mileage rates are as follows:

  • Business use of auto: 57.5 cents per mile may be deducted if an auto is used for business purposes
  • Charitable use of auto: 14 cents per mile may be deducted if an auto is used to provide services to a charitable organization • Medical use of auto: 23 cents per mile may be deducted if an auto is used to obtain medical care (or for other deductible medical reasons)
  • Moving expense deduction: 23 cents per mile may be deducted if an auto is used to effect a work-related move to a new home

 

You can read IRS Notice 2014-79 here.