2011 Standard Mileage Rate Announced


The Internal Revenue Service has issued the 2011 standard mileage rates for taxpayers who choose to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes.


Beginning on Jan. 1, 2011, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

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

A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for any vehicle used for hire or for more than four vehicles used simultaneously.

Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.  If you are interested in knowing which method works bests for you, please feel free to call my office for a complimentary analysis.