Business standard mileage rate as of January 1, 2024 is 67 cents per mile.
The rate for using a car to get medical care or in connection with a move that qualifies for the moving expense deduction remain unchanged at 22 cents per mile.
The mileage rate for driving an auto for charitable use will remain unchanged at 14 cents per mile (a statutory rate that's not adjusted for inflation).
Purpose | 1/1/2024 | 1/1/2023 |
---|---|---|
Business | 67 cents | 65.5 cents |
Medical/Moving | 22 cents | 22 cents |
Charitable | 14 cents | 14 cents |
Updated: July 2, 2024
In need of accounting services? Please contact our office to talk to one of our professionals about your accounting needs and how we may be of service.
Bassman, Adelman & Weiss, PC
630 Sentry Parkway East, Suite 200
Blue Bell, PA 19422
voice: 215-628-0420
fax: 215-628-3461
email: Bassman, Adelman & Weiss
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