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Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 54 cents per mile for business miles driven, down from 57.5 cents for 2015. 19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015.
âThe standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile,â the Internal Revenue Service said in its most recent annual pronouncement, which reduced the standard rate for business miles driven from 57.5 cents to 54 cents.