Mileage Deductions for 2007
Posted 2/6/07
Changes in Mileage Deduction Rates
| Amount Per Mile You Can Deduct For: | 2006 | 2007 |
| Doing volunteer work for a charity | 14 cents | 14 cents |
| Driving to get medical care | 18 cents | 20 cents |
| Moving because of a job change* | 18 cents | 20 cents |
| Driving on business | 44.5 cents | 48.5 cents |
Note: Tolls and parking may also be deducted.
*If your employer didn't paying moving expenses.
Source: Internal Revenue Service
More information:
Further help from the IRS: A topical index of tax form instructions and IRS publications available for online viewing can help you zero in on the details of deducting car expenses.
