2024 Irs Mileage Reimbursement Rate. On december 14, 2023, the internal revenue service (irs) announced the 2024 standard mileage rate. The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023.

1, 2024, the standard mileage rates for the use of a car, van, pickup or panel truck will be: What is the 2024 federal mileage reimbursement rate?