2025 Irs Mileage Depreciation Rate

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2025 Irs Mileage Depreciation Rate. In 2025, depreciation is accounted for as 28 cents of the standard mileage rate of 65.5 cents per mile. The portion of the business standard mileage rate treated as depreciation is 27 cents per mile for 2020, 26 cents per mile for 2021 and.


2025 Irs Mileage Depreciation Rate

The irs has announced the standard mileage rates for the use of a car, van, pickup, or panel truck for the year 2025. 67 cents per mile for business.

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