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Tax News · Mileage Rate
July 21, 2026 · 6 min read
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The IRS Just Raised the Mileage Rate to 76¢ Mid-Year — Here Is What It Means for Your Pay
Effective July 1, the IRS bumped the standard mileage rate from 72.5¢ to 76¢ per mile — a rare mid-year move driven by fuel prices. Here is what the increase means for your deductions, why 2026 taxes now use two rates, and how to make sure you claim it.
July 21, 2026
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6 min read
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