On July 1, 2026, the Internal Revenue Service revised the 2026 standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.

The revised rates are:

• 76 cents per mile driven for business use
• 23.5 cents per mile driven for medical or moving purposes

The rate for miles driven in service of a charitable organization remains at 14 cents per mile.

The rates apply to fully-electric and hybrid automobiles, as well as gasoline and diesel-powered vehicles.

For more information, read the IRS Bulletin.