2011 IRS Mileage Rate

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If you are doing your taxes right now for the year 2011, you may be using the standard mileage rate if you operated a vehicle for business, charity, or for medical or moving purposes.  Use the rate for 2011, even though it’s 2012 when you may be figuring your taxes.

The 2011 IRS mileage rate actually changed mid year:

  1. for business miles driven January 1 to June 20, 2011 it’s $.51
  2. for business miles driven July 1 to December 31 2011 it’s $.555

For medical or moving driving expenses the rates were:

  1. January 1 to June 20, 2011 it’s $.23
  2. July 1 to December 31 2011 it’s $.19

For miles driven for a charity there was no change:

  1. January 1 to June 20, 2011 it’s $.14
  2. July 1 to December 31 2011 it’s $.14

In fact, the 2011 IRS mileage rate for charity driving is the same as has been for many years…unchanged in relation to the standard of living increase.

Rules for 2011 IRS Mileage Rate

You can deduct the mileage if you are an independent contractor or even if you have two jobs and have to drive directly from one to the other.  Bet you didn’t know that.  You can’t deduct the miles you drive from home to the first job but you can deduct the miles you drive between jobs.

Deductible business miles also include miles you drive while looking for a job.  Drive to an interview?  Deduct it.  Job fair?  Drive and deduct it.  The job you are seeking must be in the same field as the job you are leaving, that’s the only rule.  You would use the 2011 IRS mileage rate used for business miles.