Mileage rates for travel are now set for 2026. The standard business mileage rate increases by 2.5 cents to 72.5 cents per mile. The medical and moving mileage rates go down 1/2 cent to 20.5 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile.

New 2026 mileage rates

The 2025 mileage rates for reference

Check out last year’s blog post on the 2025 mileage rates for more information!

Additional notes to consider

• 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 do not receive reimbursements for travel expenses
• Claiming a mileage deduction for moving expenses is not allowed unless you are an active member of the Armed Forces and must 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.