The IRS has issued a notification that there is a mid-year adjustment to the IRS mileage rates. If you are in the practice of reimbursing for mileage then you will want to know that the IRS mileage rate for 2026 is changing retroactively to July 1, 2026.
Beginning on July 1, 2026, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
- 76 cents per mile driven for business use, up 3.5 cents;
- 23.5 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, up 3 cents; and
- 14 cents per mile driven in service of charitable organizations, the rate is set by statute and remains unchanged.
If you have any questions, please contact us at OpsTeam@MyOpsManager.com.