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2024 Mileage Deduction Rate Chart

2024 Mileage Deduction Rate Chart. 2024 standard mileage rates overview. The irs has announced the new standard mileage rates for 2024.


2024 Mileage Deduction Rate Chart

(1) for medical care described in §213; For 2023, the standard mileage rate for the cost of operating your car for business use is 65.5 cents ($0.655) per mile.

The Irs Monitors Trends In Business Driving Based On Analysis From The World’s Largest Retained Pool Of.

Beginning on january 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are:

The 2024 Standard Mileage Rate Is 67 Cents Per Mile, Up From 65.5 Cents Per Mile Last Year.

The 2024 irs standard mileage rates are 67 cents per mile for every business mile driven, 14 cents per mile for charity and 21 cents.

2024 Mileage Deduction Rate Chart Images References :

The 2024 Irs Standard Mileage Rates Are 67 Cents Per Mile For Every Business Mile Driven, 14 Cents Per Mile For Charity And 21 Cents.

The irs set the following standard mileage rates for 2024:

The Portion Of The Business Standard Mileage Rate Considered As Depreciation Is 30 Cents Per Mile In 2024.

17 rows the standard mileage rates for 2023 are:

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