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Q.What is the IRS mileage deduction rate for use of a vehicle in 2009, 2010, and 2011?

A.

2011

The 2011 IRS standard mileage rate deduction for business use of a vehicle is 51 cents per mile, up from 50.5 cents for 2010. Taxpayers can now deduct 51 cents per mile for the cost of operating a car, van, or light truck for business use. The mileage deduction is 16.5 cents per mile driven for medical or moving purposes. The mileage deduction is 14 cents per mile for service to charitable organizations.

2010

The 2010 IRS standard mileage rate deduction for business use of a vehicle was 50 cents per mile, down from 55 cents for 2009. Taxpayers can deduct 50 cents per mile for the cost of operating a car, van, or light truck for business use for 2010. The mileage deduction was 16.5 cents per mile driven for medical or moving purposes. The mileage deduction was 14 cents per mile for service to charitable organizations.

2009

In 2009, the standard mileage rate deduction for business use of a vehicle was 55 cents per mile. For 2009, taxpayers can deduct 55 cents per mile for the cost of operating a car, van, or light truck for business use. In 2009, the mileage deduction was raised from 19 cents per mile to 24 cents per mile for use of vehicle for medical or moving purposes. In 2009, the mileage deduction remained 14 cents per mile for use of a vehicle for service to charitable organizations.

IRS Circular 230 Disclosure: As required by U.S. Treasury Regulations, you are hereby advised that any written tax advice contained on this web site is not written or intended to be used (and cannot be used) by any taxpayer for the purpose of avoiding penalties that may be imposed on a taxpayer under the U.S. Internal Revenue Service.




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