New (tax) year, new help!
Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.
The following table specifies the standard mileage rate for specific tax years and date ranges within tax years.
Year | Standard mileage rate | Depreciation rate per mile |
---|---|---|
2023 | 0.655 | 0.280 |
7/1/22 - 12/31/22 | 0.625 | 0.260 |
1/1/22 - 6/30/22 | 0.585 | 0.260 |
2021 | 0.560 | 0.260 |
2020 | 0.575 | 0.270 |
2019 | 0.580 | 0.260 |
2018 | 0.545 | 0.250 |
2017 | 0.535 | 0.250 |
2016 | 0.540 | 0.240 |
2015 | 0.575 | 0.240 |
2014 | 0.560 | 0.220 |
2013 | 0.565 | 0.230 |
2012 | 0.555 | 0.230 |
7/1/11 - 12/31/11 | 0.555 | 0.220 |
1/1/11 - 6/30/11 | 0.510 | 0.220 |
2010 | 0.500 | 0.230 |
2009 | 0.550 | 0.210 |
7/01/08 - 12/31/08 | 0.585 | 0.210 |
1/01/08 - 6/30/08 | 0.5050 | 0.210 |
2007 | 0.485 | 0.190 |
2006 | 0.445 | 0.170 |
9/01/05 - 12/31/05 | 0.485 | 0.170 |
1/01/05 - 8/31/05 | 0.405 | 0.170 |
2004 | 0.375 | 0.160 |
2003 | 0.360 | 0.160 |
2002 | 0.365 | 0.150 |
2001 | 0.345 | 0.150 |
2000 | 0.325 | 0.140 |
4/1/99 - 12/31/99 | 0.310 | 0.120 |
1998 - 3/31/99 | 0.325 | 0.120 |
1997 | 0.315 | 0.120 |
1996 | 0.310 | 0.120 |
1994 - 1995 | 0.300 | 0.120 |
1992 - 1993 | 0.300 | 0.115 |
1989 - 1991 | 0.300 | 0.110 |
1988 | 0.300 | 0.105 |
1987 | 0.300 | 0.100 |
1986 | 0.300 | 0.090 |
1983 - 1985 | 0.300 | 0.080 |
1982 | 0.300 | 0.075 |
1980 - 1981 | 0.300 | 0.070 |
For tax years prior to 1990, the depreciation rates apply to the first 15,000 miles. For tax years after 1989, the depreciation rates apply to all business miles.
For rural postal workers, the 1996 standard mileage rate is 46.5 cents per mile, and the 1997 standard mileage rate is 47.25 cents per mile. The standard mileage rate for rural postal workers was repealed in 1998.
For tax years prior to 2004, the standard mileage rate applied only if a single vehicle was used for business purposes. For tax years 2004 and later, the standard mileage rate applies if four or fewer vehicles are used for business purposes.
The depreciation rate per mile is used for the depreciation deduction when the standard mileage rate is chosen.
Was this article helpful?
Thank you for the feedback!