2023 Mileage Rates
Beginning on January 1st, 2023, the standard mileage rate for use of a car are:
- 65.5 cents per mile for business miles driven, up 3 cents from the 2022 midyear rate increase
- 22 cents per mile driven for medical or moving purposes, consistent with the increased midyear rate in the second half of 2022
- 14 cents per mile driven in service of charitable organizations - remaining unchanged
2022 Mileage Rates The standard mileage rate for business driving for 2022 for the months of January through June 30th was 58.5¢ per mile. For July 1st through December 31st the rate was increased to 62.5 . The medical and moving rate for 2022 was 18¢ per mile for January through June 30th, 2022 and increased to 22¢ for the second half of the year. The charitable rate was 14¢ per mile driven in service of a charitable organization for the full year.
Failure-to-File Penalty
Effective for tax years beginning after December 31, 2009, the failure-to-file penalty for Partnerships and S Corporations has increased from $89 per month to $195 per month.
