Due to the increased cost of gasoline, the IRS revised the optional standard mileage rates for purposes of computing the deductible costs of operating an automobile for medical expense reimbursements, as well as for business and moving expense purposes. Below are the reimbursement rates for the first and second six-month periods in 2011.
| Rates 1/1 through 6/30/11 | Rates 7/1 through 12/31/11 |
Medical/Moving | 19¢ per mile | 23.5¢ per mile |
Business | 51¢ per mile | 55.5¢ per mile |
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