2024 Mileage Rate For Taxes In Usa. The irs has announced the standard mileage rate for 2024: The 2024 mileage rates show a 1.5 cent increase in the business mileage rate (65.5 cents in 2023) and a 1 cent decrease in the rate for medical and moving.
Privately owned vehicle (pov) mileage reimbursement rates gsa has adjusted all pov mileage reimbursement rates effective january 1, 2024. Beginning on january 1, 2024, the standard mileage rates for using a car (also vans, pickups or panel trucks) will be: