2025 Mileage Rate Irs Increase . Mileage 2025 Irs Rates Mason Noor WASHINGTON — The Internal Revenue Service today announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024. 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.
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Mileage related to charity is set by law and remains at $0.14 per mile For individuals, the rate for overpayments and underpayments will be 7% per year, compounded.
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