Mileage Rate For 2024 Irs. At the end of last year, the internal revenue service published the new mileage rates for 2024. 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 irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023. 67 cents per mile driven for business use, an increase of 1.5 cents from 2023.