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2018 Mileage Rates Released

  • Posted
  • Jan 02, 2018
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2018 Mileage Rates Released

The IRS has released Notice 2018-3, which provides the 2018 standard mileage rates. Effective January 1, 2018, the business standard mileage rate will be 54.5 cents per mile (up 1 cent), the medical expense rate will be 18 cents per mile (up 1 cent), and the rate for miles driven for charitable purposes will remain at 14 cents per mile.

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