2024 Mileage Rate Irs. This rate will apply beginning on january 1, 2024. The irs is raising the standard mileage rate by 1.5 cents per mile for 2024.
The irs mileage rates for 2024 vary based on the purpose of travel. On december 14, 2023, the irs issued the standard mileage rate for 2024, which will be 67 cents per mile for business use, up 1.5 cents from 2023.