Mileage2Go

Mileage2Go

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Mileage2Go is a great tool to calculate mileage for tax deductions and for expense reports.

IRS issues standard mileage rates for 2021 | Internal Revenue Service 01/02/2022

The 2022 rates have been presented and they are higher than 2021, but as of January 1, 2021, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

*56 cents per mile driven for business use, down 1.5 cents from the rate for 2020,

*16 cents per mile driven for medical, or moving purposes for qualified active duty members of the Armed Forces, down 1 cent from the rate for 2020, and

*14 cents per mile driven in service of charitable organizations, the rate is set by statute and remains unchanged from 2020.

The standard mileage rate for business use is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs.

Mileage2Go offers an easy way to calculate your mileage via your Google Calendar. If you keep your business travel via an Excel spreadsheet, Mileage2Go has the ability to use it to calculate your mileage traveled for business. You can try it out free at mileage2go.com

https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2021

IRS issues standard mileage rates for 2021 | Internal Revenue Service IR-2020-279, December 22, 2020 — The IRS today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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