What is the current IRS mileage rate for employment related expenses as of October 2006?

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What is the current IRS mileage rate for employment related expenses as of October 2006?

2006-10-11 07:41:00 · 2 answers · asked by mikerei67 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

Beginning Jan. 1, 2006, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) will be:

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44.5 cents per mile for business miles driven;
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18 cents per mile driven for medical or moving purposes; and
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14 cents per mile driven in service of charitable organizations, other than activities related to Hurricane Katrina relief.

2006-10-11 12:37:16 · answer #1 · answered by STEVEN F 7 · 1⤊ 0⤋

44.5 cents per mile

2006-10-11 14:48:43 · answer #2 · answered by nido_tr3s 5 · 3⤊ 0⤋