State Mileage Reimbursement Rate 2024. On january 1, 2024, the gsa announced that the mileage reimbursement rate will increase from 65.5 cents per mile to 67 cents per mile effective january 1, 2024. Page last reviewed or updated:
Not to exceed $72 daily: What is the 2024 federal mileage reimbursement rate?
* Airplane Nautical Miles (Nms) Should Be Converted Into Statute Miles (Sms) Or.
Not to exceed $72 daily:
According To The Irs, The Mileage Rate Is Set Yearly โBased On An Annual Study Of The Fixed And Variable Costs.
Employers have the flexibility to choose a reimbursement rate, but most choose to adhere to the standard mileage.
State Mileage Reimbursement Rate 2024 Images References :
What Is The Federal Mileage Reimbursement Rate For 2024?
The irs sets a standard mileage rate each year to simplify mileage reimbursement.
2024 Mileage Reimbursement Rate Irs Glad Philis, The Standard Mileage Rate For 2024 Is Currently 67 Cents Per Mile, Which Is Up From 65.5 Cents Per Mile In 2023.
Gsa has adjusted all pov mileage reimbursement rates effective january 1, 2024.