Updated mileage rates for 2026
The IRS has updated the mileage rates for July-December 2026 to
- 76 cents per mile driven for business use.
- 23.5 cents per mile driven for medical purposes.
- 23.5 cents per mile driven for moving purposes for certain active-duty members of the Armed Forces (and now certain members of the intelligence community).
- 14 cents per mile driven in service of charitable organizations (unchanged).
Keeping a separate mileage log for January-June and July-December can help you maximize your mileage deduction.
The old mileage rates for January-June 2026 were:
- 72.5 cents per mile driven for business use.
- 20.5 cents per mile driven for medical purposes.
- 20.5 cents per mile driven for moving for military only.
- 14 cents per mile driven for charitable.
For the reference for the updated rates: https://www.irs.gov/irb/2026-29_irb
For the reference for the earlier rates: www.irs.gov/tax-professionals/standard-mileage-rates
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Securities offered through Cetera Wealth Services LLC, Member FINRA/SIPC. Advisory services offered through Cetera Investment Advisers LLC, a registered investment adviser.
Cetera is under separate ownership from any other named entity.
S. C. Presley and Company, Inc is not a registered broker/dealer or registered investment advisory firm.
S. C. Presley and Company, Inc and Cetera are not affiliated.
Tax services provided by S. C. Presley and Company Inc are separate and apart from Cetera.
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