2026 mileage deduction calculator

Calculate your business mileage deduction using the two 2026 rates.

2026 business mileage rates

January to June: 72.5 cents per mile. July to December: 76 cents per mile. Formula: first-half miles × $0.725 + second-half miles × $0.76.

Source: IRS standard mileage rates.

Use qualifying business miles and keep a mileage log. Commuting does not qualify. Eligibility rules apply to the standard mileage method. This estimates a deduction, not your tax savings. Do not also deduct fuel and other vehicle costs covered by the standard rate.

Track expenses with the Schedule C Bookkeeping Workbook 2026