2024 Mileage Rate Craig. Washington — the internal revenue service today issued. For 2024, the standard mileage rate for business travel will be 67 cents per mile, an increase of 1.5 cents from the rate effective at the start of the year.

The irs standard mileage rate for 2024 is 67 cents per mile, but you can set your own flat rate, which can be higher or lower than the irs rate. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving.