Mileage Reimbursement Calculator
How much mileage reimbursement should a driver receive? Calculate reimbursement from business miles and a reimbursement rate.
Change an input to update the diagram.
Answer first
How much mileage reimbursement should a driver receive?
The Mileage Reimbursement Calculator computes the dollar amount owed for business miles driven in a personal vehicle. It uses the per-mile reimbursement rate multiplied by business miles, the standard method for most US employers and self-employed individuals.
How it works
Mileage Reimbursement Calculator: inputs, formula, and result
By multiplying total business-related distance by a standard rate, this calculator determines the exact financial return for driving a personal vehicle. It translates miles driven into a standardized cash value designed to cover gas, wear, and tear.
Formula
Reimbursement = Business Miles × Rate ($/mile)
Worked example
1,200 business miles at $0.67/mile = $804.00 reimbursement.
Personalized guidance
What changes the result for Mileage Reimbursement?
Results are directly tied to the specific rate applied, which can fluctuate based on company policy updates or changes to national tax standards. Traffic, tire pressure, vehicle load, terrain, driving style, weather, fuel price, and the quality of the input data can change the final result.
When should you use this calculator?
Ideal for independent contractors or employees who frequently travel to client sites. It simplifies the process of invoicing clients or claiming expenses from an employer.
FAQ
FAQs about Mileage Reimbursement
What is the current IRS mileage reimbursement rate?
The IRS standard mileage rate is updated annually. For 2026, the business rate is approximately $0.70 per mile, covering fuel, maintenance, insurance, and depreciation.
Do I qualify for mileage reimbursement?
You qualify if you use a personal vehicle for business purposes. Commuting from home to your regular workplace does not count. Travel to client sites and business errands qualifies.
Can I track mileage with a phone app?
Yes. Apps like MileIQ, Everlance, and TripLog automatically track business miles using GPS. The IRS accepts electronic mileage logs.
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