Current Irs Mileage Rate 2024 Deduction. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. This year, the irs raised the mileage rate for 2024 to 67 cents per mile, which is 1.5 cents more than the previous year’s rate of 65.5 cents per mile.

What is the current mileage rate? Irs issues standard mileage rates for 2024;