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What is the IRS Mileage Rate Tax Deduction for 2020, 2021?

The IRS has announced the standard Federal mileage rates for the new tax year. If you must drive for your job, medical reasons, or as part of a charity effort, you could get a tax deduction on your mileage and reduce your overall tax bill. Starting from the beginning of the calendar year, the standard mileage rate for vehicles used for work, medical, and charitable purposes are as follows: https://filemytaxesonline.org/irs-mileage-rate-change/

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