Mileage Rate 2025 Calculator . The irs mileage rate for 2025 has been set at 67 cents per mile. To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year with the corresponding kilometric rate of ($0.70.
You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. The mileage calculator app helps you find the driving distance between cities and figure out your reimbursement using the latest irs standard mileage rate of 67¢ as of january 1, 2025.
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2025 Standard Mileage Rates Released by IRS; Mileage Rate Up , To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year with the corresponding kilometric rate of ($0.70.
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Standard Mileage Rate 2025 Ambur Marianna , For example, if you drove 200 miles for business and the mileage rate is 65.5 cents per mile.
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