Irs 2024 Mileage. 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. Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.

On december 14, 2023, the internal revenue service (irs) issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile. This is an increase of.