answersLogoWhite

0


Best Answer

.555 is the current reimbursement rate if you are using your own car.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the current IRS gas mileage for 2012?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the current IRS gas mileage allowance?

.55 per mile


What is 2009 IRS gas mileage rate?

The 2009 IRS gas mileage rate is 58.5 per mile.


What is the breakdown of the current IRS gas mileage allowance?

51 cents per mile It is now 50 cents per mile for 2010 income taxes


What is the 2009 federal law current rate for gas mileage reimbursement rate?

What is the 2009 federal law current rate for gas mileage reimbursement rate?


What is the current gas mileage reimbursement in pa?

50.5


What new minivans 2012 offer the best gas mileage?

The Dodge Caravan and Chrysler Town and Country have some fantastic gas mileage for 2012. It seems like gas mileage is getting better and better each year.


Can you take the difference off taxes between what the IRS pays for gas mileage and what your company pays?

You can in the UK


Is the IRS going to reduce mileage reimbursement allowance given reduction in gas prices?

That would not be unreasonable


Does a job have to pay you gas money by law if you drive your own car?

Usually, an employer will request that you record your mileage when performing business functions. The mileage is then multiplied by the current IRS standard mileage rate and an expense check is issued on payday. The current IRS standard mileage rate (2007) is 48.5 cents per mile driven for business purposes. This is, of course, optional for your employer. The employer does not necessarily have to utilize the current mileage rate or reimburse you. Review your previous tax return and you'll notice a section for unreimbursed mileage. I recommend discussing the issue further with your HR representative to better determine what methods of reimbursement,if any, exist in your company.


What is the gas mileage of a car made in 2012?

There were many different types of cars made in 2012. Mileage varies between them, as well.


What is the current gas mileage reimbursement for Colorado?

50.5 as of January 2008


What is the mileage reimbursement when gas prices are 210 PG in Florida?

IRS stated reimbursement is 40.5 per mile your employer can pay you less but tax time is IRS amount