What is the 2023 mileage allowance?
What is the 2023 mileage allowance? The 2023 IRS mileage rates are: 65.5 cents per mile for business purposes. 22 cents per mile for medical and moving purposes. 14 cents per mile for charitable purposes.
What travel expenses are tax deductible in 2023?
Deductible travel expenses include:
- Travel by airplane, train, bus or car between your home and your business destination.
- Fares for taxis or other types of transportation between an airport or train station and a hotel, or from a hotel to a work location.