Standard Mileage Rates for 2013
On November 21, 2012, the Internal Revenue Service issued the 2013 mileage rate used to calculate the deductible costs of operating an automobile for business. Beginning on January 1, 2013, the standard mileage rate for the use of a car (also vans, pickups or panel trucks) will be 56.5 cents per mile for business miles driven.
This is an increase of 1 cent per mile from the 2012 rate. |