2024 Mileage Irs. This year, the irs raised the standard mileage rate for 2024 to 67 cents per mile, which is 1.5 cents more than the previous year’s rate of 65.5 cents per mile. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.
The rate for medical or moving purposes in 2024 decreased to 21 cents. Key updates on business, medical, and charity rates and their impact on deductions and reimbursements
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