Mileage 2024 Reimbursement Meaning

Mileage 2024 Reimbursement Meaning. The standard mileage rate for 2024 is 67 cents per mile, up 1.5 cents from 2023โ€™s rate of 65.5 cents per mile. At the end of last year, the internal revenue service published the new mileage rates for 2024.


Mileage 2024 Reimbursement Meaning

What is the federal mileage reimbursement rate for 2024? Mileage reimbursement means an employer covers certain costs incurred when an employee uses a personal vehicle for business purposes.

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