2024 Irs Mileage Reimbursement Rate Increase. An increase in the standard. This represents a 1.5 cent.

For 2024, the irs’ standard mileage rates are $0.67 per mile for business, $0.21 per mile for medical or moving, and $0.14 per mile. The standard mileage rate will increase to 67¢ per mile for business miles driven beginning.