Mileage Rate

Stefanie
Stefanie Expensify Customer Posts: 1

The IRS has changed the mileage rate, how does expensify update the rate or is this something we are able to do?

Answers

  • Cheryl Walsh
    Cheryl Walsh Expensify Success Coach - Admin, Expensify Team, Expensify Student Ambassador Posts: 104 Expensify Team

    Hi @Stefanie thanks for reaching out about this! We don't automatically change the mileage rate on existing policies created before 2020 but any Policy Admin can edit this! Go to the Expenses page within the Policy settings, scroll down to Distance and edit the Value here.

    All policies that were set up from Jan 1 2020 automatically default to .575c.

    Hope this helps!