| |
Standard Mileage Rates for 2003 & 2004
In Rev. Proc. 97-58, the Internal Revenue Service has announced the standard
mileage rates for tax year 2004. A comparison of 1998 through 2004 follows:
| |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
Business use of car
(limitations apply) |
32.5
cents |
31.0
cents |
32.5
cents |
34.5
cents |
36.5
cents |
36.0
cents |
37.5
cents |
| Charity work |
14.0
cents |
14.0
cents |
14.0
cents |
14.0
cents |
14.0
cents |
14.0
cents |
14.0
cents |
Medical mileage or
in a Deductible Move |
10.0
cents |
10.0
cents |
10.0
cents |
12.0
cents |
13.0
cents |
12.0
cents |
14.0
cents |
|
|
|
