September 17, 2024

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What Is The Irs Medical Mileage Rate For 2024

What Is The Irs Medical Mileage Rate For 2024. Washington — the internal revenue service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. While the irs increased the 2024 business standard mileage rate, the new medical mileage rate of 21 cents per mile is a 1 cent decrease—down from the 2023 rate of 22 cents per mile.


What Is The Irs Medical Mileage Rate For 2024

The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. The internal revenue service has a set of guidelines to determine what is considered medical travel.

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