51 cents per mile It is now 50 cents per mile for 2010 income taxes
The 2009 IRS gas mileage rate is 58.5 per mile.
9.00 dollars
What is the federal mileage allowance for car travel to work with non-profit organizations? What if I am a for-profit busiiness hired to work for a non-profit? Do they pay the non-profit rate or the business rate? 20
2010
.55 per mile
.55 cents per mile
51 cents per mile It is now 50 cents per mile for 2010 income taxes
All costs associated with the vehicle, gas, oil, wear and tear and insurance are accounted for in the mileage allowance.
That would not be unreasonable
Mileage allowance
According to the IRS website, http://www.irs.gov/taxpros/article/0,,id=156624,00.html) the standard mileage rate for 2007 was $.485. The amount for July 31 to Dec 31 of this year is $.585!
On 6/23/08, the IRS increased mileage reimbursement for privately owned automobiles to 58.5 cents.
Budget rental cars can be rented without a mileage allowance for extra rental fees, though the default for a rental vehicle is to come with a mileage allowance.
The federal mileage allowance for volunteer work if $.14 per mile. All mileage can be claimed when filing your taxes.
The IRS mileage allowance includes all expenditures for gas, maintainance, repair, insurance and any other cost that may be associated with operating a vehicle. So if one claims the standand mileage expense, then receipts such as for gas, new tires, etc., cannot also be claimed. The taxpayer can, however, claim depreciation expense on the vehicle.
The 2009 IRS gas mileage rate is 58.5 per mile.