Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. At the end of last year, the internal revenue service published the new mileage rates for 2024.
The irs has announced the new standard mileage rates for 2024. See our full article and announcement of the 2024 irs rate:
1, 2024, The Standard Mileage Rates For The Use Of A Car, Van, Pickup Or Panel Truck Will Be:
2024 irs mileage rates overview the irs has adjusted the standard mileage rates for 2024, marking a slight increase from the previous year:
The 2024 Medical Or Moving Rate Is 21 Cents Per Mile, Down From 22 Cents Per Mile Last.
Washington โ the internal revenue service.
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Industry Updatejanuary 5, 2024Federal Legislative Update Print This Article.
The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.
67 Cents Per Mile, Up 1.5 Cents From 65.5 Cents In 2023.
This was a three cent increase from the second half of 2022, when the rate was 62.5.
