2014 Mileage Reimbursement Rates

Friday the IRS announced the 2014 mileage reimbursement rates.  The rate in 2014 for the optional standard mileage reimbursement will be $0.56 per mile in 2014, down from $0.565 per mile in 2013. 

Medical and moving reimbursement rates also dropped by one-half cent in 2014 to $0.235 per mile.  Rates applicable for rendering gratuitous services to a charitable organization will remain unchanged at $0.14 per mile.

If you wish to read the full text of the announcement it is Notice 2013-80 found at http://www.irs.gov/pub/irs-drop/n-13-80.pdf

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