Federal Mileage Rate 2024. The irs mileage rates for 2024 vary based on the purpose of travel. The rate for medical or moving purposes in 2024 decreased to 21 cents per mile, from the 22 cent rate in 2023.
67 cents per mile for business miles driven (up. The new 67 cents per mile rate is up from the previous year’s 65.5 cents per mile, reflecting the rising costs of operating a vehicle for business purposes.
The Standard Business Mileage Rate Increases By 1.5 Cents To 67 Cents Per Mile.
What is the irs mileage rate for 2024?
The Rate Table Below Shows The New Rates That Have Been Officially Published On The Gsa Website At The Following Link
The charitable rate is not indexed and remains 14 cents per mile.
67 Cents Per Mile Driven For Business Use, Up 1.5 Cents From 2023.
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The General Services Agency (Gsa) Has Released New Rates For Reimbursement Of Privately Owned Vehicle (Pov) Mileage For 2024.
The medical and moving mileage rates are now 21 cents per mile.
Gsa Has Adjusted All Pov Mileage Reimbursement Rates Effective January 1, 2024.
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