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2024 Business and Moving Expense Mileage Rate Update

1 min read
IRS building sign. Stating name of building as Internal Revenue Service

2024 Mileage Rates

The IRS issues standard mileage rates for 2024

  • Mileage rate increased to 67 cents a mile (up 1.5 cents from 2023).
  • The moving expense mileage rate decreased by 1 cent to 21 cents per mile for 2024.

For more information, visit IRS Website.

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