Texas Mileage Reimbursement Rate 2025 Schedule. √ Printable IRS Mileage Reimbursement Form Rate per mile; Airplane* January 1, 2025: $1.75: If use of privately owned automobile is authorized or if no government-furnished automobile is authorized and available: January 1, 2025: $0.70: If government-furnished automobile is authorized and available: January 1, 2025: $0.21: Motorcycle: January 1, 2025: $0.68 Understand Texas mileage reimbursement laws, employer obligations, calculation methods, and compliance requirements to ensure fair and accurate compensation.
2025 Government Mileage Reimbursement Rate Nadia Xander from nadiaxander.pages.dev
Many employers follow the IRS standard mileage rate, which is updated annually to reflect the average cost of operating a vehicle A state employee is entitled to be reimbursed for mileage incurred to conduct state business per Texas Government Code, Section 660.041.The reimbursement may not exceed the total of the number of miles traveled for business multiplied by the maximum mileage reimbursement rate per Texas Government Code, Section 660.042.
2025 Government Mileage Reimbursement Rate Nadia Xander
You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. The standard mileage rates for 2025 are: Self-employed and business: 70 cents/mile ; Charities: 14 cents/mile ; Medical: 21 cents/mile ; Moving (military only): 21 cents/mile Texas business mileage reimbursement rates As a Texas employer, you can reimburse business mileage at $0.70 per mile in 2025, as set by the IRS
Mileage Reimbursement 2024 Form Brooke Shirline. The standard mileage rates for 2025 are: Self-employed and business: 70 cents/mile ; Charities: 14 cents/mile ; Medical: 21 cents/mile ; Moving (military only): 21 cents/mile You may also be interested in our free Lease Mileage Calculator
IRS Issues Standard Mileage Rates for 2023 Mandelbaum Barrett PC. Fiscal Management Glenn Hegar Texas Comptroller of Public Accounts Toggle navigation Many employers follow the IRS standard mileage rate, which is updated annually to reflect the average cost of operating a vehicle