Irs 2024 Mileage Rate. The irs has announced its 2024 standard mileage rates. The internal revenue service released the standard mileage rates for 2024 in a notice released dec.
For 2023, the standard mileage rate for the cost of operating your car for business use is 65.5 cents ($0.655) per mile. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.