IRS 2017 Mileage Rates

The mileage rates are going down for 2017 from 2016. Business miles are going from 54 cents a mile to 53.5 cents per mile. Medical or moving mileage is going to 17 cents per mile from 19 cents for 2016. The charitable rate is unchanged at 14 cents per mile and is set by statute so it rarely changes. Taxpayers have the option of using actual costs  of using their vehicles including depreciation rather than the standard mileage rates. In my opinion it usually is not worth the effort to keep up with actual costs except when you use your vehicle over 50% for business.