IRS mileage rate increase July 1

Thursday, June 30, 2022

Effective July 1, 2022, the IRS increased the business standard mileage rate to 62.5 cents (up from 58.5 cents), which impacts all individuals who travel on University business.

Please start using these updated forms beginning with July 1 travel. Adjustments will be made to comply with the new rate if old forms are submitted.

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