IRS announcement 2026-11 informs taxpayers that the IRS is revising the optional standard mileage rates for the remainder of 2026.
Revised mileage rates effective July 1, 2026:
BUSINESS: 76 cents per mile
MEDICAL & MOVING: 23.5 cents per mile
Prior to 7/1/26 the previously stated mileage rates from Notice 2026-10 continue to apply.