Irs Mileage Rate 2024

Irs Mileage Rate 2024. On december 14, 2023, the irs issued the standard mileage rate for 2024, which will be 67 cents per mile for business use, up 1.5 cents from 2023. The rate for medical or moving purposes in 2024 decreased to 21 cents.

In addition, on december 14, 2023, the irs published the standard mileage rates for 2024 as follows: 67 cents per mile, up 1.5 cents from 65.5 cents in 2023.