Federal Rate Mileage 2024. Car expenses and use of the standard. 64¢ per kilometre driven after that.
The standard mileage rates for 2023 are: The 2024 medical or moving rate is 21.
The New Rate Kicks In Beginning Jan.
22 cents/mile moving (military only):
The Automobile Allowance Rates For 2024 Are:
The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.
Car Expenses And Use Of The Standard.
Images References :
Notable Rates Are Listed Below:
64¢ per kilometre driven after that.
Federal Reserve Holds Rates Steady, Plans To Reduce By 0.75% By 2024 Despite Elevated Inflation, Economic Growth Projections Upgraded.
Beginning january 1, 2024, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be as follows:
For 2023, The Standard Mileage Rate For The Cost Of Operating Your Car For Business Use Is 65.5 Cents ($0.655) Per Mile.