Current Irs Mileage Rate 2024 Forecast. The irs has increased the vehicle mileage rate for 2024 by 1.5 cents over the 2023 figure. In this comprehensive guide, we'll steer through the new 2024 irs mileage rates, delving into what they mean for you, how they compare to previous years, and.
The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.