2024 Government Mileage Reimbursement Rate. The standard mileage rates for 2024 are as follows: According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs.
Meal and vehicle rates used to calculate travel expenses for 2023. There are generally two methods for calculating mileage allowance:
The New Rate Kicks In Beginning Jan.
70¢ per kilometre for the first 5,000 kilometres driven.
Mileage Rate Increases To 67 Cents A Mile, Up 1.5 Cents From 2023.
70¢ per kilometre for the first 5,000 kilometres driven.
By Inputting The Tax Year And Total Miles Driven For Business, Medical, And Charitable.
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(1) for medical care described in §213;
By Inputting The Tax Year And Total Miles Driven For Business, Medical, And Charitable.
