2024 Mileage Rate Crate. The new rate is 67 cents per mile, an increase of 1.5 cents from 2023. This document includes the optional 2024 standard mileage rates and details the maximum automobile cost for calculating the allowance under a fixed and variable rate (favr).

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 per mile for moving or medical. Use it for the business portion of the first 14,000 kilometres.