Nemt 2024 Mileage Rate Increase. Beginning january 1, 2024, the internal revenue service (irs) has increased the standard mileage rate from 65.5 cents per mile to 0.67 cents per mile. Washington — the internal revenue service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an.

14 announced that the business standard mileage rate per mile is. The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per mile in 2024.