Florida Mileage Rate 2024. The business mileage rate is used by taxpayers claiming a mileage deduction for a. The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023.
The standard mileage rate set by the internal revenue service is 67 cents per mile for 2024, an increase of 1.5 cents from the 2023 rate. The rates, effective from january 1, 2024, are as follows:
