07/21/2026
IRS increases the standard mileage rate for the second half of 2026. Effective July 1, the business mileage rate is now $0.76 per mile (up from $0.725). Medical mileage is $0.235. Charitable mileage is fixed at $0.14.
You will need to track business and medical mileage from 1/1-6/30 and 7/1-12/31 for 2026 in order to maximize your tax deduction.