2024 Irs Mileage Reimbursement Rate Increase. 67 cents per mile driven for business use, an increase of 1.5 cents from 2023. This represents a 1.5 cent.

The internal revenue service (irs) has released the optional standard mileage rate for 2024. The irs optional standard mileage reimbursement rate will increase to 67 cents per mile driven for business use, which is up 1.5 cents from 2023.