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STANDARD MILEAGE RATES CHANGED FOR 1996

The IRS issued its mileage rate revisions for 1996. The new rates per mile are

  • Business mileage - 31 cents
    (up from 30 cents)
  • Charitable mileage - 12 cents (unchanged)
  • Medical and moving mileage - 10 cents
    (up from 9 cents)
  • Rural mail carriers - 46.5 cents
    (up from 45 cents).

Source: Rev. Proc. 95-54, 1995-52 I.R.B. __.

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