2024 Mileage Rate Increase For 2024 . 67 cents per mile driven for business use (up 1.5 cents from. 1, 2024, bringing the irs rate to 67 cents per mile driven for business use, the federal agency announced in a statement.
Beginning on january 1, 2024, the millage rate for reimbursement for business use will increase to 67 cents per mile. The irs has announced the standard mileage rate for 2024:
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