Mid-Year Change on Standard Mileage Rates
Barry Weller
By Bobbi Perez
Starting July 1st, 2026, the IRS announced new 2026 mileage rates. The rates for 2026 will be split into two periods, January 1st-June 30th and July 1st-Decemeber 31st. The rates are increased by 3.5 cents for business and 3 cents for medical/military moving use. This is the first time since 2022 that the IRS has implemented a mid-year mileage increase.
Below is a chart that reflects these changes and the appropriate effective dates as well.