This is up from 65.5. The new rate is 67 cents per mile, an increase of 1.5 cents from 2023.
The internal revenue service (irs) governs mileage reimbursements across the united states, and,. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.
On January 1, 2024, The Gsa Announced That The Mileage Reimbursement Rate Will Increase From 65.5 Cents Per Mile To 67 Cents Per Mile Effective January 1, 2024.
The rate is now 67 cents per mile for those using cars, vans, or trucks for business.
1, 2024, The Standard Mileage Rates For The Use Of A Car (Also Vans, Pickups Or Panel Trucks) Will Be:
In sum, the state of illinois’ mileage reimbursement rate for the use of personal vehicles will increase from 58.5 cents per mile to 62.5 cents per mile effective july 1, 2022.
Images References :
67 Cents Per Mile Driven For Business Use, Up 1.5 Cents.
In sum, the state of illinois’ mileage reimbursement rate for the use of personal vehicles will increase from 58.5 cents per mile to 62.5 cents per mile effective july 1, 2022.
1, 2024, The Standard Mileage Rates For The Use Of A Car (Also Vans, Pickups Or Panel Trucks) Will Be:
Deductible mileage rates for the 2024 tax year have also changed, and are summarized in the following table.