Mileage Rate For 2024. The rate for medical or moving purposes in 2024 decreased to 21 cents per mile, from the 22 cent rate in 2023. Imagine you’re a freelance graphic designer who travels to meet clients.
65.5 cents per mile for business. 14 cents per mile for charity.
70¢ Per Kilometre For The First 5,000 Kilometres Driven.
The 2024 medical or moving rate is 21 cents per mile, down from 22 cents per mile last.
On December 14, 2023, The Internal Revenue Service (Irs).
67 cents per mile, up 1.5 cents from 65.5 cents in 2023.
The Irs Has Announced The Standard Mileage Rate For 2024:
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This represents a 1.5 cent.
The 2024 Standard Mileage Rate Is 67 Cents Per Mile, Up From 65.5 Cents Per Mile Last Year.
In 2024, the rate is 67 cents per mile, the highest it’s ever been.
For The 2023 Tax Years (Taxes Filed In 2024), The Irs Standard Mileage Rates Are: