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Irs Gas Mileage Reimbursement 2024. On december 14, 2023, the internal revenue service (irs) issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile. Don't forget to update your mileage.
The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. This notice provides the optional 2024 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business,.
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