The new mileage rates for travel are now set for 2025. The standard business mileage rate increases by 3 cents to 70.0 cents per mile. The medical and moving mileage rates stay at 21 cents per mile. For charitable work, the rates remain unchanged at 14 cents per mile.

New mileage rates for 2025

Here are the rates from 2024 for your reference:

Additional information to note

• These rates apply to gas, electric, hybrid-electric, and diesel-powered vehicles.
• You cannot claim mileage as an itemized deduction as an employee if you aren’t reimbursed for travel expenses.
• Claiming a mileage deduction for moving expenses is prohibited unless you are an active Armed Forces member and are ordered to move to a new permanent duty station.

Remember to properly document your mileage to receive full credit for the miles you drive. To learn more about how these rates affect you and read the IRS announcement on the updates, visit the IRS website. Contact our RRBB advisors if you have any questions.