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14 gru 2023 · The IRS announced the 2024 standard mileage rates for business, medical, moving and charitable purposes. The rate for business use is 67 cents per mile, up 1.5 cents from 2023.
- Standard Mileage Rates
The standard mileage rates for 2023 are: Self-employed and...
- SECTION 1. PURPOSE
business standard mileage rate treated as depreciation is 27...
- Standard Mileage Rates
Find out the adjusted rates for using privately owned vehicle (POV) for official travel in 2024, effective from January 1. Compare the rates for different modes of transportation and relocation purposes.
The standard mileage rate for business use in 2024 is 67 cents per mile, according to the IRS. Find out the rates for other purposes and years in the table below.
22 gru 2017 · This notice provides the optional 2024 standard mileage rates for business, charitable, medical, or moving purposes. It also sets the basis reduction amount, the maximum standard automobile cost, and the fleet-average and vehicle cents-per-mile valuation rules for employer-provided automobiles.
14 gru 2023 · Beginning on Jan. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 67 cents per mile driven for business use, up 1.5 cents from 2023. 21 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces, a decrease of 1 cent from 2023.
Beginning on Jan. 1, 2024, the standard mileage rate for the use of a car (also vans, pickups or panel trucks) will be: 1) 67 cents per mile driven for business use; 2) 21 cents per mile driven for medical or moving purposes for qualified active-duty members of the Armed Forces; and 3) 14 cents per mile driven in service of charitable ...
14 gru 2023 · The IRS announced the new standard mileage rate for business use on 2024 tax returns, which will be 67 cents a mile, up from 65.5 cents for 2023. The rate applies to electric and hybrid-electric vehicles as well as gasoline and diesel-powered vehicles.
