2009 Business Mileage Reimbursement Rate

For business travel on or after January 1, 2009, the Internal Revenue Service (“IRS”) has announced that the standard mileage rate for transportation expenses will be 55 cents per mile, down from 58.5 cents per mile which was in effect during the second half of 2008.

In addition, the 2009 standard rate for miles driven for moving or medical purposes will be 24 cents per mile, down from 27 cents per mile in effect for the second half of 2008.

The rate for providing services to charitable organizations is set by statute, not the IRS, and remains at 14 cents per mile in 2009.

When using a personal vehicle for authorized business travel occurring on or after January 1, 2009, all Drexel University and Drexel University College of Medicine employees will be reimbursed at the standard mileage rate of 55 cents per mile.  Please note that business mileage does not include your normal commute to and from work.  When business travel originates from your home, subtract your normal round-trip commuting miles from the total miles associated with the trip. 

Finally, when using a personal vehicle for an approved relocation, employees will be reimbursed at 24 cents per mile for travel that occurs on or after January 1, 2009. 

Should you have questions, please call me at (215) 895-1212.

** Rate changes are incorporated in the current Travel Expense and the Local Business Reimbursement forms. These forms are located on the Accounts Payable website.