2011 IRS Standard Mileage Rates

Beginning 1/1/11, the standard mileage rates for using a vehicle (including an auto, van, pickup, or panel truck) will be 51 cents per mile for business purposes, 19 cents per mile for medical or moving purposes, and 14 cents per mile for charitable purposes. A taxpayer using the business mileage rate treats 22 cents per mile as depreciation in 2011 (prior year amounts are also provided). However, a taxpayer cannot use the business mileage rate in certain situations (such as for five or more vehicles used simultaneously) or if the vehicle was previously depreciated using a method other than straight-line (such as MACRS, the Section 179 deduction, or bonus depreciation).

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Reed Tinsley, CPA