Beginning on Jan. 1, 2011, the standard mileage rates for the use of a car, van, pickup or panel truck will be:
* 51 cents per mile for business miles driven,
* 19 cents per mile driven for medical or moving purposes, and
* 14 cents per mile driven in service of charitable organizations.
The business rate is up 1 cent from 2010, and the medical and moving rate is up 2.5 cents. This is the first increase in the standard rates since 2008
The standard mileage rate for business, medical and moving purposes is based on the variable costs as determined by a study conducted by Runzheimer International.
The standard mileage allowance for charitable driving is set by Congress, and has been at 14 cents per mile for way too long now.
Click here to see the standard mileage allowances for past years.