Irs Business Travel Mileage Rate 2024. The 2024 medical or moving rate is 21 cents per mile, down from 22 cents per mile last. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
Effective january 1, 2024, the internal revenue service (irs) increased the optional standard mileage rate for business to 67 cents per mile. On december 14, 2023, the internal revenue service (irs) issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile.