2024 Irs Mileage Reimbursement Rate Increase. 14 announced that the business standard mileage rate per mile is rising to 67. Here is what you need to know about the current irs mileage reimbursement rate in 2023 and 2024 and what you can expect from the irs this year.

The internal revenue service (irs) has released the optional standard mileage rate for 2024. The internal revenue service is planning to raise the “optional standard mileage rate” for 2024 by 1.5 cents per mile, despite the fact that petrol prices are declining.