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2020 Mileage Rate

Standard Mileage Rates change in 2020

The standard mileage rate for transportation or travel expenses involving the business use of an automobile in 2020 is to change to 57.5 cents a mile from 58 cents a mile in 2019, the Internal Revenue Service said Dec. 14 in Notice 2020-05.

Travel Mileage – When completing your Travel Expense Report, please take extra care to ensure that you have chosen the correct rate.  There are different rates for business travel vs. relocation.