2017 Standard Mileage Rates for Business, Medical and Moving Announced » Mortgage Masters Group

2017 Standard Mileage Rates for Business, Medical and Moving Announced » Mortgage Masters Group

2017 Standard Mileage Rates for Business, Medical and Moving Announced . IR-2016-169, Dec.13, 2016 . WASHINGTON – The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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 · Professional or malpractice liability insurance premiums can be deducted when you are required to keep a professional status recognized by law, as in the case of most medical.

Standard Mileage Rates for 2018 Up from Rates for 2017. IR-2017-204, Dec. 14, 2017. WASHINGTON The Internal Revenue Service today issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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 · About Us. We are a forum for professional accountants and tax advisers to discuss accountancy and taxation, but we also welcome individuals and business users who have queries relating to these matters.

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Standard mileage rate method. If you use the standard mileage rate method, multiply the number of business miles you drove by the standard mileage rate. The standard mileage rate for 2018 is $0.545 per mile. In addition to your standard mileage deduction, you can also deduct the cost of parking fees and tolls you pay for business.

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The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

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The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per.

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