This mileage reimbursement calculator finds travel compensation from the miles driven and the standard mileage rate. Enter the miles and the current rate above.
Formula
Reimbursement = Miles × Standard mileage rate
Use the current IRS standard mileage rate (it changes each year — check irs.gov).
Example
500 miles at $0.67/mile: reimbursement = $335.
Good to know
These results are estimates for educational purposes only and are not financial advice. Rates, fees, and terms vary — confirm figures with a licensed professional before making decisions. Last updated: August 2026.
Frequently Asked Questions
How do I calculate mileage reimbursement?
Multiply the business miles driven by the current IRS standard mileage rate.
What is the standard mileage rate?
An IRS figure updated yearly (and sometimes mid-year); always use the rate for the period of travel.
Does it cover fuel and wear?
Yes. The standard rate bundles fuel, maintenance, depreciation, and insurance into one per-mile figure.