Nemt 2024 Mileage Rate Increase

Nemt 2024 Mileage Rate Increase. With the recent notice, the 2024 business standard mileage rate is increasing to 67 cents, up 1.5 cents from 2023. Washington โ€” the internal revenue service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an.


Nemt 2024 Mileage Rate Increase

The rate for business use of a vehicle has increased to 67 cents per mile, up by 1 1/2 cents from the 2023 rate. The irs issued the standard mileage rates for 2024, which are used to calculate the deductible costs of operating a car for various purposes.

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