Beginning on January 1, 2020, the standard mileage rates for privately owned vehicles while on official Illinois Tech business will be 57.5 cents per mile, down one half of a cent from the 2019 rate.
Illinois Tech’s 2020 travel and expense report has been adjusted to reflect the new rate.
IRS Announces Business Mileage Rate Decrease for 2020
January 14, 2020Posted in: Faculty/Staff