Beginning on January 1, 2021 the standard mileage rates for the using your vehicle will be:
- 56 cents per mile driven for business use, it went down 1.5 cent from the rate for 2020.
- 16 cents per mile for medical, or moving purposes for qualified active duty member of the Armed Forces, it will down 1 cent from the rate for 2020
- 14 cents per mile driven in service of charitable organizations, the rate is set by statute and remains unchanged from 2020.
You can only use mileage as a tax deductions for business, charitable, medical, and moving purposes.
