01/30/2026
The IRS has issued the 2026 cents-per-mile rates for calculating tax-deductible vehicle operating costs. Effective Jan. 1, 2026, the standard mileage rate for the business use of a car, van, pickup truck or panel truck is 72.5 cents per mile. (This is up from 70 cents per mile for 2025.) The 2026 rate for medical or eligible moving purposes is 20.5 cents per mile. (This is down from 21 cents per mile for 2025.) For charitable driving, the 2026 rate is 14 cents per mile (unchanged from 2025). These rates apply to gasoline- and diesel-powered vehicles as well as electric and hybrid ones. To protect your deduction, don’t forget to keep detailed mileage records. Contact us at (800) 839-5767 for more information on when mileage is deductible.