IRS Mileage Rates Increase for Self-Employed and Businesses in 2025

In late December, the Internal Revenue Service (IRS) released its mileage deduction rates for 2025.

Self-employed persons and businesses benefit from a $0.03 increase over the 2024 mileage deduction rate. The rate for 2025 is now $0.70.

The rates for medical and military moving remain unchanged at $0.21 per mile. The rate for charity usage remains unchanged at $0.14 per mile.

The IRS also issued helpful documentation, “Topic no. 510, Business use of a car,” that explains how to complete the necessary annual documentation and recordkeeping. Your accountant at Weiss can answer any specific questions you have and if it applies to your situation.