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2024 Mileage Rate Craft
2024 Mileage Rate Craft. This document includes the optional 2024 standard mileage rates and details the maximum automobile cost for calculating the allowance under a fixed and variable rate (favr). 67 cents per mile driven for business use (1.5 cent increase from 2023).
1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 67 cents per mile driven for business use, up 1.5 cents from 2023.