TIPS: 2013 Mileage Rates
By Suzy Kedzierski
The IRS has increased the mileage rate for business, medical and moving travel in 2013, one cent more than 2012:
- Business Travel: 56.5 cents
- Medical/moving: 24 cents
- Charitable travel expenses will remain unchanged at 14 cents.
Keep a detailed log of your applicable mileage to qualify for a tax deduction