Irs Mileage 2024 Reimbursement Rate. The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023. The internal revenue service (irs) has released the optional standard mileage rate for 2024.

The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.