travelnews: IRS Personal vehicle mileage reimbursement for 2018 just announced
BAO news for travel administrators
travelnews at lists.uoregon.edu
Thu Dec 14 11:32:09 PST 2017
Hello Travel Coordinators:
Business Mileage Reimbursement: The IRS has announced the 2018 personal vehicle mileage reimbursement rate at 54.5 cents per mile.
Moving/Relocation Mileage Reimbursement: Mileage reimbursement for moving in 2018 is 54.5 cents per mile, broken down as follows:
* The first 18 cents per mile is considered nontaxable and coded 10790.
* The remaining 36.5 cents per mile is tax reportable and coded 10780.
Thank you and Happy Holidays!
[cid:D409AF7E-A065-4B03-9E7F-72A60DB7E5EF]
Laurie Jacoby, CTC
Travel Manager
Business Affairs Office
University of Oregon
lajacoby at uoregon.edu<mailto:lajacoby at uoregon.edu>
541-346-3158
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