What Is The Standard Mileage Rate For 2024. On december 14th, 2023, the irs announced the 2024 irs standard mileage rate as 67 cents. Beginning on january 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are:
The irs sets a standard mileage rate each year to simplify mileage reimbursement. 67 cents per mile, up 1.5 cents from 65.5 cents in 2023.
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