Mileage Reimbursement 2024 Rate. 17 rows page last reviewed or updated: 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.


Mileage Reimbursement 2024 Rate

67 cents per mile driven for business use, an increase of 1.5 cents from 2023. You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection with or in the course of their office or.

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