Next year’s standard mileage rates unveiled

The IRS has announced 2022 standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.

Beginning on January 1, 2022, the standard mileage rates for using a car (and vans, pickups, or panel trucks) will be:

• 58.5 cents per mile driven for business use, up 2.5 cents from 2021.

• 18 cents per mile driven for medical purposes, or moving purposes for qualified active duty members of the Armed Forces, up 2 cents from this year.

• 14 cents per mile driven for charitable organizations. This rate is unchanged from 2021.

Under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, unless they are members of the Armed Forces on active duty moving under orders to a permanent change of station.