2024 Mileage Rate Irs. 14 announced that the business standard mileage rate per mile is. The new irs mileage rates for 2024 are 67 cents per mile for business purposes (up from 65.5 cents per mile in 2023), 21 cents per mile for medical or moving.
The irs is raising the standard mileage rate by 1.5 cents per mile for 2024. Find out when you can deduct vehicle mileage.