What Is The Mileage Rate For 2025 Ford Explorer. 2025 Ford Explorer Overview CarBuzz 21 cents per mile driven for medical or moving purposes for qualified. The announcement also includes the new rates for mileage related to charitable activities (14 cents per mile) and medical purposes (21 cents per mile)
2025 Explorer St 060 John Walker from johnwalker.pages.dev
Below is a table of the IRS standard business mileage rates over the last six years, including the recent announcement Medical or moving purposes : 21 cents per mile (unchanged from 2024).
2025 Explorer St 060 John Walker
For 2025, the business standard mileage rate is 70 cents per mile (up from the 67-cent rate that applied during 2024). The IRS has announced the optional 2025 standard mileage rates for business, medical, and other uses of an automobile, and the 2025 vehicle values that limit the application of certain rules for valuing an automobile's use Note that the rates apply to electric, hybrid, gas, and diesel-powered vehicles.
See the 2025 Ford Explorer From Every Angle. Notice 2025-5 provides that beginning January 1, 2025, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 70 cents per mile driven for business use (up 3 cents from 2024) 21 cents per mile driven for medical purposes (unchanged from 2024) The updated rates, effective January 1, 2025, are as follows: 70 cents per mile for business use of a vehicle (up from 67 cents in 2024)
How Much Does A 2025 Ford Explorer Cost Delly Fayette. Below is a table of the IRS standard business mileage rates over the last six years, including the recent announcement What is the IRS Standard Mileage Rate for 2025? For 2025, the IRS has increased the business standard mileage rate by 3 cents per mile