Irs Mileage Rate 2024 2024. On december 14, 2023, the internal revenue service (irs) announced an increase in the optional standard mileage rate for tax year 2024. Or (2) as part of a move for which the expenses are deductible.

On december 14, 2023, the internal revenue service (irs) announced an increase in the optional standard mileage rate for tax year 2024. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.