K. W. “Hutch” Hutchinson, CPA, CFP®

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2017 Standard Mileage Rates for Business, Medical and Moving Announced

Beginning on January 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

53.5 cents per mile for business miles driven, down from 54 cents;

17 cents per mile driven for medical or moving purposes, down from 19 cents; and

14 cents per mile driven in service of charitable organizations.