Irs Business Mileage Rate 2025 Prediction. The internal revenue service has once again set and released the optional standard mileage rate for business travel mileage reimbursement for the upcoming year. Find out when you can deduct vehicle mileage.
The internal revenue service on thursday announced that the 2025 standard mileage rate will go up by 3 cents per mile to 70 cents for the optional mileage rate for automobiles driven for business. This is up from 67.