2024 Mileage Deduction Rate Irs. As of january 1, the standard mileage rates for 2024 are as follows: The irs has released the annual optional standard mileage rates for 2024, encompassing the expenses associated with using your personal vehicle.

The 2024 medical or moving rate is 21 cents per mile, down from 22 cents per mile last year. At the end of last year, the internal revenue service published the new mileage rates for 2024.