2024 Mileage Rate Increase Calculator. The irs issued its 2024 standard mileage rates, which are higher than the 2023 rates. The internal revenue service (irs) has released the optional standard mileage rate for 2024.
The irs has issued its standard mileage rates for 2024, marking an increase. As you calculate your company car allowance or mileage rate for 2024, keep in mind the following three pressure points.