United Benefit Advisors Insight and Analysis Blog

IRS Provides 2015 Mileage Rates and Guidance on Retroactive Transit Benefit Increase

Posted by: Bill Olson    Feb 3, 2015 11:00:00 AM

On December 10, 2014 the IRS released the optional standard mileage rates for 2015. Beginning on January 1, 2015, the standard rates for the use of a car, van, pickup or panel truck are:

  • 57.5 cents per mile for business miles, up from 56 cents in 2014
  • 23 cents per mile for medical or moving purposes, down half a cent from 2014
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Topics: IRS, 2015, Tax Increase Prevention Act, TIPA, Mileage, Retroactive Transit Benefit