What Is The Mileage Deduction For 2024. The standard mileage rate is 21 cents per mile for use of an automobile: The 2024 mileage rate applies to all miles you drive starting january 1, 2024 through december 31.

The irs issued the standard mileage rates for 2024, which are used to calculate the deductible costs of operating a car for various purposes. For 2024, the irs’ standard mileage rates are $0.67 per mile for business, $0.21 per mile for medical or moving, and $0.14 per mile for charity.