Typical Mileage Reimbursement 2024. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. The kilometric rates (payable in cents per kilometre) below are payable in canadian funds only.
You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. To calculate your mileage reimbursement, youโd multiply 100 miles by the irs standard mileage reimbursement rate for 2024, which is 67 cents per mile.