2024 Irs Mileage Rate.  — 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 rate for medical or moving purposes in 2024 decreased to 21 cents.

The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. At the end of last year, the internal revenue service published the new mileage rates for 2024.