Mileage Reimbursement For 2024

Mileage Reimbursement For 2024. At the end of last year, the internal revenue service published the new mileage rates for 2024. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600.


Mileage Reimbursement For 2024

The irs sets a standard mileage rate each year to simplify mileage reimbursement. The 2024 medical or moving rate is 21 cents per mile, down from 22 cents per mile last.

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