Current Mileage Reimbursement Rate 2024

Current Mileage Reimbursement Rate 2024. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.

According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs. Irs issues standard mileage rates for 2024;