Standard mileage rate: the depreciation part is 35 cents a mile for 2026
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Part of the standard mileage rate counts as depreciation, and that part lowers your vehicle's basis when you later sell or trade it in. Notice 2026-10 sets it at 35 cents a mile for 2026, up from 33 cents for 2025 and 30 cents for 2024. Keep a running total of business miles each year so you can figure the basis reduction when the vehicle goes. General information, not tax advice: check with a tax professional.
Your net on a $10 / $25 / $50 sale: n/a / n/a / n/a
A basis rule, not a fee. It matters when you sell or trade in a vehicle you deducted at the standard mileage rate.
Source: IRS Notice 2026-10 · verified
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The Reseller Index change tracker, "Standard mileage rate: the depreciation part is 35 cents a mile for 2026," https://resellerindex.com/changes/irs/2026-01-01-irs-mileage-depreciation-35-cents/, verified Oct 23, 2026. Free to reuse with a link (CC BY 4.0). First published on the tracker Oct 23, 2026.
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