Gsa Mileage Rate 2024 Per Mile Rate. Compared to 2023, the reimbursement was 65.5 cents. Beginning on january 1, 2024, the standard mileage rate for the use of a car (also vans, pickups or panel trucks) is 67 cents per mile driven for business use, which is up 1.5.
54.5 cents per mile for business purposes (up 1 cent from 2017). Effective january 1, 2024, the internal revenue service (irs) increased the optional standard mileage rate for business to 67 cents per mile.
Miles Driven In 2024 For Business Purposes.
Gsa has adjusted all pov mileage reimbursement rates effective january 1, 2024.
What Is Current Mileage Reimbursement Rate For 2024.
* airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945 sms).
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Beginning January 1, 2024, The Standard Mileage Rates For The Use Of A Car (Also Vans, Pickups, Or Panel Trucks) Will Be As Follows:
In accordance with state and und travel policy, the personal vehicle mileage rate for 2024 has been updated to the current gsa level:
Effective January 1, 2024, The Internal Revenue Service (Irs) Increased The Optional Standard Mileage Rate For Business To 67 Cents Per Mile.