The Internal Revenue Service has issued the 2022 standard mileage rates used to calculate the deductible costs of operating an automobile for business purposes. Effective January 1, 2022, the standard mileage rates for the approved use of an employee-owned vehicle will be 58.5 cents for every mile of business travel driven, an increase of 2.5 cents from the rate for 2021.
Please note:
- Approved travel is reimbursed at the rate in effect at the time the expenses are incurred.
- Reimbursement requests for travel must be submitted through Workday by the 15th of the month following the occurrence of the expense.
- When entering mileage reimbursement requests for travel, select Expense Item, then choose Other Expenses – Other Mileage Reimbursement.
- Both date fields in the Workday mileage expense report should be the last day of the month in which the expense occurred (e.g., for January 2022 Mileage – enter 01/31/2022.).
Information on creating a mileage expense report is available in the Workday Canvas community.