2024 Mileage Reimbursement Rate 2024. What is the 2024 federal mileage reimbursement rate? According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs of operating an automobile.” here are the mileage.

67 cents per mile driven for business use,. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year.