Business: 56 centsMedical and moving: 23.5 centsCharitable: 14 cents, as alwaysWhy such a discrepancy?IP ========================The Charitable rate is specified by law in the Internal Revenue Code. The IRS does not have the discretion to change it. It was 12¢ for a very long time.I should add that the Business rate is the highest because it includes a factor for depreciation. The medical/moving rate is to approximate out-of-pocket operating costs only.Bill
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