OLGT 2023-08: Cross Program: Federal Mileage Rate update
Date:
Effective immediately, the new federal mileage rate of 65.5 cents must be used when calculating allowable transportation costs to be applied as a medical expense deduction or a dependent care expense deduction.
The new mileage rate represents an increase when compared to last year’s rate.
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OLGT 2023-8 federal mileage rate 65.5.pdf (230.61 KB) | 230.61 KB |