Current Irs Mileage Rate 2024 News. The irs has increased the vehicle mileage rate for 2024 by 1.5 cents over the 2023 figure. On december 14, 2023, the internal revenue service (irs) issued the 2024 optional standard mileage rates used to.

67 cents per mile for business use (up 1.5 cents from 2023.). The irs has set the rate at 67 cents per business mile, an.