Category

Business

Type

Business

2025 Limit

Standard mileage: 70¢/mile (2025) OR actual expenses × business %

2026 Limit

Standard mileage rate TBD OR actual expenses × business %

IRC Reference

IRC § 162 / § 274

Eligibility

Self-employed, business owners

Notes / Description

Must track mileage with a contemporaneous log. Cannot use standard mileage if vehicle was first used under MACRS or 179. Luxury auto limits apply.