What’s the deductible rate for miles?

The deductible amount for mileage varies from one year to the next. To find the mileage rate for the year of your deduction, refer to Schedule A (Form 1040). For 2006, the mileage rate is generally 14 cents per mile.

However, the amount you can deduct if you used your vehicle for charity work related to Hurricane Katrina during 2006 is 32 cents per mile. Congress is allowing a special mileage rate to help people who volunteer their time for hurricane relief efforts.