July 1, 2022 Mileage Rate Update

On June 9, 2022, the IRS announced a mid-tax year adjustment to the standard mileage rate. The IRS
normally updates the mileage rates once a year in December for the next calendar year. However, in
recognition of recent gasoline price increases, the IRS made this special adjustment for the second half of
2022. Accordingly, the University’s mileage reimbursement rates for expenses incurred in connection
with the business use of a private automobile will increase in line with the Internal Revenue Service
standard mileage rates published in IRS Notice 2022-13. The following new rates are effective for
expenses incurred on or after July 1, 2022:
• The reimbursement rate for the use of a private automobile for University business travel will
increase from 58.5 cents a mile to 62.5 cents a mile.
• The reimbursement rate for driving an automobile in connection with a move or relocation will
increase from 18 cents a mile to 22 cents a mile. (Note that reimbursements for moving- related
expenses, including mileage, are considered taxable wage income as of January 1, 2018).