Current Irs Mileage Rate 2024 News. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. At the end of last year, the internal revenue service published the new mileage rates for 2024.
The irs is raising the standard mileage rate by 1.5 cents per mile for 2024. Effective january 1, 2024, the business standard mileage rate for use of a car (including vans, pickup trucks and panel trucks) increases from $0.655 to $0.67, and the rate for medical and.
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