07/16/2026
Due to rising recent rises in the price of fuel, IRS has revised the standard mileage rates effective for travel on or after July 1, 2026. The previously released rates for 2026 will continue to apply for travel on or after January 1, 2026, and before July 1, 2026.
The rates for travel on or after July 1, 2026 are:
- The business standard mileage rate is increased to 76 cents per mile (up from 72.5 cents per mile applicable for the first six months of 2026). The depreciation portion of this rate remains at 35 cents per mile for the entire year.
- Medical and moving standard mileage rate is 23.5 cents per mile (up from 20.5 cents per mile for the first six months of the 2026).
- Charitable rate is 14 cents per mile (same as it has been for years, since this is set by Congress).