2024 Mileage Rate Reimbursement. With the updated irs mileage reimbursement rate for 2024, federal employees should adopt best practices for tracking and reporting their business mileage. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.
Mileage rate for business purposes. Beginning on january 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are: