IRS Announces 2018 Standard Mileage Rates
The Internal Revenue Service (IRS) has issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, or medical purposes.
2018 Standard Mileage Rates
Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.
IRS Notice 2018-03 contains additional information about mileage rates.