Mention it Monday: 2026 Mileage Rates

Tax
Written By Larissa Davidson

The IRS has announced the 2026 standard mileage rates, effective January 1, 2026.

  • Business use: 72.5¢ per mile (up 2.5¢ from 2025)

  • Medical travel: 20.5¢ per mile (down 0.5¢)

  • Moving (qualified active-duty military & certain intelligence community members): 20.5¢ per mile

  • Charitable driving: 14¢ per mile (unchanged)

These rates apply to gas, diesel, hybrid, and fully electric vehicles.

For business mileage, 35¢ per mile of the 72.5¢ rate is treated as depreciation when calculating vehicle basis.

As always, taxpayers can choose between the standard mileage method or actual vehicle expenses—the better option depends on your situation and record-keeping.

Larissa Davidson
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