Irs Mileage Rate 2024 Non Profit. The 2024 medical or moving rate is 21 cents per mile, down from 22 cents per mile last year. The increase would be from the current rate of 14 cents per mile to the irs' business rate, currently set at 65.5 cents per mile in 2023.
The irs has released the annual optional standard mileage rates for 2024, encompassing the expenses associated with using your personal vehicle. Specifically, the higher charitable rate would apply to the “transportation of persons (other than the taxpayer) or property on behalf of” a charitable nonprofit.
Irs Mileage Rate 2024 Non Profit Images References :