2024 Mileage Rate Irs Releases. Due to recent increases in the price of fuel, the irs has increased the optional standard mileage rates for computing the deductible costs of operating an. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.

Due to recent increases in the price of fuel, the irs has increased the optional standard mileage rates for computing the deductible costs of operating an. Washington — the internal revenue service.