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Old 06-30-2007, 02:29 PM
TaxGuru TaxGuru is offline
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Join Date: Jan 2007
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The IRS Mileage Allowance rates for 2007!

The IRS has generously raised the Mileage allowance's for both business and medical for 2007. The Prior year amounts are shown in brackets.

Mileage Allowance for 2007
  1. Business 48.5 Cents/Mile (44.5 Cents/Mile)
  2. Charitable 14.0 Cents/Mile (Unchanged from 2006)
  3. Medical/ Moving 20.0 Cents/Mile (18 Cents/Mile)
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