Nemt 2024 Mileage Rate Increase

Nemt 2024 Mileage Rate Increase. The irs increased the standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 67 cents per mile driven, up 1.5 cents from 2023. Effective january 1, 2024, the irs standard mileage rates for the use of a car, van, pickup truck, or panel truck for university business.

In addition to the rate per mile driven for business. Irs issues standard mileage rates for 2024;