New York State reimburses employees for business use of privately owned automobiles based on the standard mileage allowance established by the Internal Revenue Service (IRS). By adhering to this allowance, reimbursements for mileage are not taxable to the employee.
Process and Document Preparation:
The IRS website for mileage information is:
Mileage rates are as follows:
|January 1, 2014
|January 1, 2013
|January 1, 2012
|July 1, 2011
|January 1, 2011
|January 1, 2010
The mileage allowance for operating a privately owned motorcycle increased on April 1, 2012 from 48 cents per mile to 52.5 cents per mile.
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