2024 Mileage Rate Announced

IR-2023-239, Dec. 14, 2023 WASHINGTON — The Internal Revenue Service issued the 2024 optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on Jan. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will…

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