Irs Mileage Reimbursement 2024 Announcement. The irs announced the 2024 business mileage rate, and it has increased for the fourth time in three years. The internal revenue service has announced new mileage rates for 2024 for use in calculating reimbursements or deductions for tax purposes:

Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. On december 14, 2023 the irs issued mileage.