The IRS has announced a midyear increase in the standard mileage rates for business and medical use of an automobile, and for deducting moving expenses. For travel on or after July 1, 2026, the business standard mileage rate is 76 cents per mile (up from the original 2026 rate of 72.5 cents per mile). The rate when an automobile is used to obtain medical care—which may be deductible under Code § 213 if it is primarily for, and essential to, the medical care—is 23.5 cents per mile for travel on or after July 1, 2026 (up from 20.5 cents per mile). The rate for deducting automobile expenses that are moving expenses under Code § 217 also increases from 20.5 to 23.5 cents per mile for travel on or after July 1, 2026. Note, however, that the moving expense deduction is available only for certain moves by members of the Armed Forces on active duty and members of the intelligence community). The rate for charitable use of an automobile remains unchanged at 14 cents per mile.

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