2024 IRS Mileage Reimbursement Rates

Effective January 1, 2024, the IRS standard mileage rate for business use of a vehicle is 67 cents per mile. 

Each year, the IRS sets optional standard mileage rates as a simple way to calculate the deductible costs of operating an automobile for business, charitable, or medical purposes. Employers also have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

IRS Standard Mileage Rates for 2024

  • Business: 67 cents per mile (up 1.5 cents from 2023)
  • Medical / Moving: 21 cents per mile for qualified active duty members of the Armed Forces* (down 1 cent from 2023)
  • Charitable: 14 cents per mile (unchanged)
These rates apply to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.

Employers may optionally reimburse employees using this rate or a lower rate so as long as the employee provides an accounting of the miles driven using their personal vehicles for business purposes. Miles driven from their home to work are not allowable. The reimbursement can be paid nontax if the rate per mile used is less than the IRS rate. However, employer reimbursement will limit the employee's ability to expense the use of their vehicles on their personal returns.

Source: IRS issues standard mileage rates for 2024

*Under the Tax Cuts and Jobs Act, taxpayers cannot claim a miscellaneous itemized deduction for unreimbursed employee travel expenses. Taxpayers also cannot claim a deduction for moving expenses, except members of the Armed Forces on active duty moving under orders to a permanent change of station.


Disclaimer: This information is provided as a self-help tool and does not constitute legal or financial advice. Laws, regulations and lending products are changing daily and decisions as to whether or how to use this information and/or what actions to take are solely those of the employer. The providers of this information disclaim any and all responsibility and liability for its accuracy, completeness or fitness for your particular business purposes.