Irs Mileage 2024 Rate

Irs Mileage 2024 Rate. 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. Page last reviewed or updated:

At the end of last year, the internal revenue service published the new mileage rates for 2024. This year, the irs raised the 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.