What Is The Mileage Rate For 2025 Ford Explorer. 2025 Ford Explorer True Cost to Own Edmunds What is the IRS Standard Mileage Rate for 2025? For 2025, the IRS has increased the business standard mileage rate by 3 cents per mile For 2025, the business standard mileage rate is 70 cents per mile (up from the 67-cent rate that applied during 2024).
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Optional standard milage rates are used to calculate the deductible costs of operating vehicles for. Below is a table of the IRS standard business mileage rates over the last six years, including the recent announcement
2025 Ford Explorer Mike Carpino Ford Pittsburg
Note that the rates apply to electric, hybrid, gas, and diesel-powered vehicles. For 2025, the business standard mileage rate is 70 cents per mile (up from the 67-cent rate that applied during 2024). Notice 2025-5 provides that beginning January 1, 2025, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 70 cents per mile driven for business use (up 3 cents from 2024) 21 cents per mile driven for medical purposes (unchanged from 2024)
2025 Ford Explorer ST. Here are the mileage rates for the year 2025: For business use, the rate has increased by 3 cents from the previous year, now set at 70 cents per mile This announcement, which was made on December 19, 2025, applies to all electric, hybrid-electric, gasoline, and diesel-powered conventional vehicles (cars, vans, pickups or panel trucks).
2025 Ford Explorer Trim Levels Comparison What's New?. The optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024. The IRS has announced the following standard mileage rates for 2025: Business use : 70 cents per mile (up from 67 cents in 2024)