Expensify Blog

The IRS has released the new reimbursement rate for mileage in 2010:

• 50 cents per mile for business miles driven
• 16.5 cents per mile driven for medical or moving purposes
• 14 cents per mile driven in service of charitable organizations

The new mileage rates “reflect generally lower transportation costs compared to a year ago.” (IRS)

For now, all current users will need to change their mileage rate in Settings after they have completed their last 2009 expense report. Update your expense mileage by:

• After logging in, click on Settings
• Scroll down to “Customize your units”
• Click “[change]” next to mile, type in “.5″ and hit “ok.”

For the visual folks, follow along with the video below to change your mileage rate:

Done! Your expense reports will now be created using the reimbursable mileage rate for 2010.