Standard Business Mileage Rate 2024. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. What is the current mileage reimbursement rate for 2024?

The new irs mileage rates for 2024 are 67 cents per mile for business purposes (up from 65.5 cents per mile in 2023), 21 cents per mile for medical or moving purposes and 14 cents per mile for charitable purposes. How to use the standard mileage rate