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BUSINESS HOURS
MON - THU: 8:00 AM - 4:30 PM
                               FRI: 8:00 AM - 3:00 PM
                               SAT & SUN: CLOSED

STANDARD MILEAGE RATES

  2017 2016 2015
Business (per mile) 53.5 cents 54.0 cents 57.5 cents
Charitable (per mile) 14.0 cents 14.0 cents 14.0 cents
Medical/Moving (per mile) 17.0 cents 19.0 cents 23.5 cents

BUSINESS

Standard mileage rates for business purposes replace actual expenses including, but not limited, to:

  • Depreciation (or lease payments)
  • Gas & oil
  • Tires
  • Repairs, tune-ups & maintenance
  • Insurance
  • Registration fees

Once the choice has been made to use the standard mileage in lieu of actual expenses, the taxpayer must continue to use that method until the asset has been disposed of, retired or no longer in service.

CHARITABLE

  •  Standard mileage rates for charitable purposes replace actual expenses such as gas and oil.
  • In addition the standard mileage rate, taxpayers can deduct parking fees and tolls for charitable purposes.

MEDICAL/MOVING

  • Standard mileage rates for medical and/or moving purposes replace actual expenses such as gas and oil.
  • In addition to the standard mileage rate, taxpayers can deduct parking fees and tolls for medical and/or moving expenses.

AS WITH ALL TAX DEDUCTIONS, TAXPAYERS MUST KEEP WRITTEN RECORDS OF VEHICLE EXPENSES.

GURIN & GURIN PC
PH: (586) 263.0505  |  FX: (586) 263.1428
38800 Garfield Rd Ste 120  |  Clinton Twp, MI  48038
(3rd building South of 17 Mile on East side of Garfield)
© 2014-2017, Gurin & Gurin, PC.  All Rights Reserved.