2024 Irs Mileage Rate By Year. 21 cents per mile for medical and moving. When we flip the calendar into the new year, drivers will be looking at a new, slightly higher standard mileage rate for a deduction for business use on their 2024 federal.
21 cents per mile for medical and moving. 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.