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Use the European Commission’s distance calculators to determine the unit costs for the reimbursement of eligible travel costs within your EU funded project.
The mileage calculator app helps you find the driving distance between cities and figure out your reimbursement using the latest IRS standard mileage rate of 67¢ as of January 1, 2024. You can also use this tool to calculate the number of frequent flyer miles you will earn for an upcoming flight, or check the distance from where you are now to ...
Find the distance between two locations using this air mileage calculator. Mileage Calculator. Just enter two cities (or airport codes) in the fields below and click How Far? Note: These air mile distances are approximate and are based on data provided by various outside sources.
9 kwi 2024 · It’s best explained through an example: If you’ve traveled 350 miles in a month, and 150 of them are business miles, you can calculate your mileage by simply multiplying the business miles traveled by the standard IRS rate for the year (67 cents/mile for 2024). 67 cents x 150 business miles = $100.5.
15 sty 2024 · Calculating your total mileage reimbursement based on the IRS mileage reimbursement rate is simple: multiply the business mileage you’ve driven by the current IRS mileage rate. 100 business miles x 67 cents = $67 in mileage reimbursement.
Mileage Reimbursement Calculator formula: The Mileage Reimbursement Calculator formula is quite simple. It multiplies the distance traveled with the reimbursement rate to get the reimbursement amount. In mathematical terms, the formula is: Reimbursement Amount = Distance Traveled * Reimbursement Rate. Illustrative Example:
March 21, 2024. Mileage reimbursement is a form of compensation businesses provide their employees for using personal vehicles at work. As the name suggests, reimbursements are based on distance traveled and can be completely tax-free if calculated using the standard mileage rate provided by the Internal Revenue Service.
