2017 Standard Mileage Rates for Business, Medical and Moving Announced » Mortgage Masters Group

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2017 Standard Mileage Rates for Business, Medical and Moving Announced » Mortgage Masters Group

1, 2017, the standard mileage rates for the use of a car (also vans, per mile and the medical and moving expense rates each dropped 2 cents.

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2017 Standard Mileage Rates for Business, Medical and Moving Announced IR-2016-169, Dec.13, 2016 WASHINGTON – The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

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As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (or a van, pickup.

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The Internal Revenue Service issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

IR-2016-169, December 13, 2016. WASHINGTON – The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the.

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The optional standard mileage rates for business use of a vehicle will drop slightly in 2017, the second consecutive annual decline, the IRS announced Thursday (Notice 2016-79).For business use of a car, van, pickup truck, or panel truck, the rate for 2017 will be 53.5 cents per mile, down from 54 cents per mile in 2016.

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