Irs Mileage Rate 2024 Non Profit

Irs Mileage Rate 2024 Non Profit. The irs mileage rate in 2024 is 67 cents per mile for business use. When nonprofits reimburse their employees and volunteers for mileage, they can use the irs standard mileage rate or reimburse at a rate they have set themselves.

Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. Understand the new 2024 standard mileage rates set by the irs for business, medical, and charitable driving up to 67¢, 21¢, & 14¢/mile.