2024 Mileage Rate Increase 2024. โ the irs has announced the standard mileage rate for 2024: This is an increase from the 2023 rate of 65.5.
67 cents per mile driven for business use, up 1.5 cents. On december 14, 2023, the internal revenue service (irs) announced an increase in the optional standard mileage rate for tax year 2024.