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2019 standard mileage rate

Jim-from-Ohio
Level 10
  • 58 cents per mile for each business mile, up 3.5 cents from 54.5 cents for 2018

pretty big hike. good

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garman22
Level 13
Level 13

surprising as oil is so low.

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3 Comments 3
garman22
Level 13
Level 13

surprising as oil is so low.

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TaxGuyBill
Level 15
Only 2 cents of the increase is due the gas and oil, the rest of the increase is due to higher other expenses (vehicle prices, repairs, etc.).
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garman22
Level 13
Level 13
I cannot argue there thats for sure.
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