Irs Mileage Deduction Rate 2024. At the end of last year, the internal revenue service published the new mileage rates for 2024. In 2023, the irs set the standard mileage rates at 65.5 cents per mile for business, 14 cents per mile for charity, and 22 cents per mile for medical and moving.

According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs. Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.