(619) 497-1040 Anthony@awicpa.com

The IRS has updated the tax deductible mileage rates for 2023. For business miles it is $0.65.5 per mile driven. Medical Mileage rate is $0.22 per mile and Charity and Moving is $0.14 per mile.

For 2024, the the rates change slightly, for business miles, it increases to $0.66 per mile while the Medical Mileage rate goes down to $0.21 per mile.

As we all know the fuels prices in California, especially San Diego, are as much as $3.00 a gallon higher the rest of the U.S. Despite these higher prices in our region, the IRS only a national amount to be taken as a deduction on your tax returns.