Skip to content
Tax Highlighter

2023 Standard Mileage Rate Update

January 5, 2023

The IRS has issued the 2023 optional cents-per-mile rates used to calculate the tax deductible costs of operating a vehicle. Effective Jan. 1, 2023, the standard mileage rate for the business use of a car (including vans, pickups, and panel trucks) is 65.5 cents per mile. (This is up from 58.5 cents per mile for the first half of 2022 and 62.5 cents per mile for second half of 2022.) The 2023 rate for medical or eligible moving purposes is 22 cents per mile. (For 2022, the medical and moving rate was 18 cents per mile for first half of the year and 22 cents per mile for the second half.) For charitable driving, the 2023 rate is 14 cents per mile (unchanged from 2022).


Meet the Expert

Chris Powers, CPA

Chris helps her clients confidently navigate tricky tax laws and complex regulatory challenges.

Contact via email
Connect on LinkedIn

Looking for more?

Find more insights & resources

Discover More

FSA & 401(k) Contributions for 2023

The IRS has announced contribution updates for both 401(k) plans...

2023 Inflation Adjustments Released

The IRS has just released its 2023 inflation adjustments for...

Scroll To Top