Standard Mileage Reimbursement Rate 2024. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. The 2024 mileage rate applies to all miles you drive starting january 1, 2024 through december 31.
โ the irs has announced its 2024 standard mileage rates. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600.
