Search results
1 sty 2024 · GSA has adjusted all POV mileage reimbursement rates effective January 1, 2024. * Airplane nautical miles (NMs) should be converted into statute miles (SMs) or regular miles when submitting a voucher using the formula (1 NM equals 1.15077945 SMs).
The standard mileage rates for 2023 are: Self-employed and business: 65.5 cents/mile. Charities: 14 cents/mile. Medical: 22 cents/mile. Moving ( military only ): 22 cents/mile. Find out when you can deduct vehicle mileage.
24 lis 2023 · After the 1990s, when the IRS automobile rate only rose two-and-a-half cents, the standard mileage rate increased from 32.5 cents per mile in January 2000 to 36.5 cents in December 2002. This is in response to the bursting of the dot-com bubble.
1 lut 2023 · The new IRS mileage rates apply to travel starting on January 1, 2023. 65.5 cents per mile for business purposes. 22 cents per mile for medical or moving purposes. 14 cents per mile for...
17 gru 2021 · Beginning Jan. 1, 2022, employees can claim 58.5 cents/mile for business use; 18 cents for medical or military moves; and 14 cents for charitable mileage.
2 sty 2024 · The IRS has announced the standard mileage rate for 2024: 67 cents per mile, up 1.5 cents from 65.5 cents in 2023. Issued in Notice 2024-8, on Dec. 14, 2023, it covers the business use of a vehicle (cars, vans, pickups, and panel trucks) and will come into effect Jan. 1, 2024.
28 gru 2023 · The following federal law changes take effect on January 1, 2024. IRS MILEAGE REIMBURSEMENT RATE. The IRS standard mileage rate will be 67 cents per mile driven for business purposes (up from 65.5 cents in 2023). This rate also applies to electric and hybrid vehicles.
