2024 Mileage Rates Irs. 67 cents per mile driven for business use, an increase of 1.5 cents from 2023. In addition, on december 14, 2023, the irs published the standard mileage rates for 2024 as follows:

These rates, known as applicable federal rates (afrs), are regularly published as revenue rulings. This notice provides the optional 2024 standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business,.