Standard Mileage Rate 2024. Rates are reviewed on a quarterly basis. The new irs mileage rates for 2024 are 67 cents per mile for business purposes (up from 65.5 cents per mile in 2023), 21 cents per mile for medical.
The irs has set the rate at 67 cents per business mile,. The following standard mileage rates will apply from january 1, 2024,.