2024 Mileage Rate Increase Calculator. Irs issues standard mileage rates 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 mileage rate applies to all miles you drive starting january 1, 2024 through december 31. * airplane nautical miles (nms) should be converted into statute miles (sms) or.