2024 Mileage Rate Irs. 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. The internal revenue service (irs) has announced the standard mileage rates for 2024, reflecting changes that impact individuals and businesses that use.

67 cents per mile driven for business use, an increase of 1.5 cents from 2023. 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.