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IRS raises standard mileage rate for second half of 2022 

The IRS announced that it is increasing the optional standard mileage rate for the second half of 2022.

Effective July 1, 2022, the standard mileage rate for ministry and business travel will increase by four cents per mile, to 62.5 cents per mile. 

The medical mileage rate will also increase by four cents, to 22.0 cents per mile, as will the moving mileage rate available to members of the Armed Forces of the United States on active duty who move pursuant to a military order.

The charitable mileage rate of 14.0 cents per mile did not change, as it is set by statute. 

The IRS rarely makes midyear increases to the optional mileage rates, and the last such update was in 2011. In the announcement, IRS Commissioner Chuck Rettig said the adjustment was made to better reflect recent changes in fuel prices. 

We have updated our 2022 Key Federal Tax Figures table to reflect this change, and you can download or print it here. Please note, however, that you should continue to use the existing 2022 rate through June 30, 2022, as shown in this table and the chart below.

2022 Mileage Rates 

 

January 1 – June 30, 2022 

July 1 – December 31, 2022 

Ministry & Business

58.5 cents per mile

62.5 cents per mile

Medical

18.0 cents per mile

22.0 cents per mile

Moving (available to members of the Armed Forces of the United States on active duty who move pursuant to a military order)

18.0 cents per mile

22.0 cents per mile

Charitable

14.0 cents per mile

14.0 cents per mile

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Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.

This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.

For more information or if you need additional assistance, please use the contact information below.

Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369

Tel: (763) 425-8778 
Fax: (888) 876-5101
Email: clientservices@clergyfinancial.com

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