2024 Standard Mileage Rates

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The IRS has released the standard mileage rates for 2024.  Beginning on January 1, 2024 mileage rates are as follows:

67 cents per mile for business (65.5 cents in 2023)

21 cents per mile for medical or moving purposes (22 cents in 2023)

14 cents per mile for charitable purposes (14 cents in 2023)

Contributed by: Carrie Minnich, MAcct, CPA | Partner | DWD CPAs & Advisors

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Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.