| Business Miles | 56.5 cents |
| Medical/Moving | 24 cents |
| Charitable | 14 cents |
The standard business rate is based on an annual study of the fixed and variable costs of operating a car. Taxpayers have the option of calculating the actual costs of using their vehicle in lieu of the standard rates.
The standard rates cannot be used after any depreciation method under MACRS has been used or a section 179 deduction has been claimed.