News HighlightsPage address: https://www.mnsu.edu/news/read/?id=old-1354555756&paper=topstories
Mileage Reimbursement Rate Increase
The IRS has announced an increase beginning Jan. 1, 2013.
Minnesota State University, Mankato Media Relations Office
The Internal Revenue Service (IRS) has announced an increase in the standard mileage reimbursement rate for business miles. The rate has been adopted for use by state employees and is effective beginning January 1, 2013 – December 31, 2013. Mileage rates are used to calculate reimbursements to employees that use their personal vehicle for university business trips. Employees should note that the university actually utilizes two reimbursement rates. The IRS standard mileage reimbursement rate (56.5 cents) is used when a state owned vehicle is not available. A lesser rate (49.5 cents) is used when a state vehicle is declined or not requested by the employee.
Employees are asked to use the new mileage reimbursement rates below when completing employee expense forms for trips taken between January 1, 2013 and December 31, 2013.
New Rates (Effective January 1, 2013)
State Owned Vehicle Not Available (IRS Standard): 56.5 Cents per Mile
State Owned Vehicle Declined or Not Requested: 49.5 Cents per Mile
State Owned Vehicle Not Available (IRS Standard): Old rates 55.5 Cents per Mile
State Owned Vehicle Declined or Not Requested: 48.5 Cents per Mile
Employees who have questions regarding travel or expense reimbursements, can contact Tami Galema-Liebl, the university’s travel claims clerk, for assistance. Tami can be reached at 389-5006 or at email@example.com. For additional information on traveling for Minnesota State Mankato, see the links below: