Mileage Rate 2024 Usa. Effective january 1, 2024, the irs business standard mileage rate is 67 cents per mile (a 1.5 cent increase from the 65.5 cents rate in 2023). The internal revenue service (irs) has released the optional standard mileage rate for 2024.

The internal revenue service (irs) has released the optional standard mileage rate for 2024. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.