---
title: "Standard mileage rate"
description: "Standard mileage rate — The cents-per-mile figure the IRS publishes for business use of a car, which an employer may use to reimburse mileage. It is dated: the trip date picks the rate, not the day the claim is entered."
canonical: "https://lopifi.com/glossary/standard-mileage-rate"
---

# Standard mileage rate

> Standard mileage rate — The cents-per-mile figure the IRS publishes for business use of a car, which an employer may use to reimburse mileage. It is dated: the trip date picks the rate, not the day the claim is entered.

Source: https://lopifi.com/glossary/standard-mileage-rate
Part of: Lopifi — Planned: US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

---

**What is standard mileage rate?** In accounting, standard mileage rate means the cents-per-mile figure the IRS publishes for business use of a car, which an employer may use to reimburse mileage. It is dated: the trip date picks the rate, not the day the claim is entered.

## Also known as

- Mileage rate

## Words this system refuses for it

- per diem
- actual vehicle cost

- **Category:** Payables
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/lexicon)