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2009 business mileage rate: 55 cents.

November 25, 2008

The IRS has announced the standard mileage rates for 2009. From IR-2008-131:

Beginning on Jan. 1, 2009, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be:

-55 cents per mile for business miles driven
-24 cents per mile driven for medical or moving purposes
-14 cents per mile driven in service of charitable organizations

The new rates for business, medical and moving purposes are slightly lower than rates for the second half of 2008 that were raised by a special adjustment mid-year in response to a spike in gasoline prices. The rate for charitable purposes is set by law and is unchanged from 2008.

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