Standard Mileage Rate 2024. Of that, 200 miles (25%) were for business purposes. Mileage rates for travel are now set for 2024.
67 cents per mile, up 1.5 cents from 65.5 cents in 2023. Printable version on december 14, 2023, the internal revenue service (irs) announced an increase in the optional standard mileage rate for tax year 2024.
Printable Version On December 14, 2023, The Internal Revenue Service (Irs) Announced An Increase In The Optional Standard Mileage Rate For Tax Year 2024.
65.5 cents per mile for business.
Say You Drove 800 Miles In Your Car In 2023.
In addition, the notice provides the maximum fair market.
The Rate For Medical Or Moving Purposes In 2024 Decreased To 21 Cents.
The standard mileage rates for 2023 are:
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The Irs Increased The Optional Standard Mileage Rate Used To Calculate The Deductible Costs Of Operating A Vehicle For.
67 cents per mile, up 1.5 cents from 65.5 cents in 2023.
Printable Version On December 14, 2023, The Internal Revenue Service (Irs) Announced An Increase In The Optional Standard Mileage Rate For Tax Year 2024.
The 2024 irs standard mileage rate is $0.67.
The Standard Mileage Rates For 2023 Are:
Mileage rate increases to 67 cents per mile, up 1.5 cents from 2023.