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Big Time increase in standard mileage rate😉

PATAX
Level 15

IRS has announced standard mileage rate has increased to 67 cents. Massive increase of one and a half cents. Don't spend all of that money in one place.😉

1 Best Answer

Accepted Solutions
IRonMaN
Level 15

I am planning on blowing all of that extra cash at the Intuit badge shop.  I'm sure they must still have some pretty badges that I don't already have. ðŸ˜œ


Slava Ukraini!

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2 Comments 2
BobKamman
Level 15

Feel free to claim actual expenses.  I remember once being asked what the rate was for motorcycles.  I forget the answer.  Does a sidecar make a difference?  What about an EV that gets the equivalent of 75mpg?  Does it matter if it qualified for a $7,500 tax credit?

IRonMaN
Level 15

I am planning on blowing all of that extra cash at the Intuit badge shop.  I'm sure they must still have some pretty badges that I don't already have. ðŸ˜œ


Slava Ukraini!