Irs Personal Vehicle Mileage Rate 2024. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023.

For 2023, the mileage rate is 65.5 cents per mile. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.