Irs Mileage Reimbursement 2024 Rate. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. 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.

Learn how the irs determines mileage rates annually, review historical rates, and see what the 2024 standard mileage deduction is for drivers. Business use is 67¢ per mile, up from 65.5¢ in 2023.