Beginning January 1, 2016, the Standard Mileage Rates will be as follows:
- 54 cents per mile for business miles driven, down from 57.5 cents for 2015
- 19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015
For more information on this change, please visit the IRS webpage.
These rates will also be displayed on the Schedule of Allowable Rates section of the Travel website.