Mileage Amount For 2024. Optional 2024 standard mileage rates (67 cents a mile, up 1.5 cents from 2023) for taxpayers to use in computing the deductible costs of operating an automobile for. 68 cents per kilometre for.
Optional 2024 standard mileage rates (67 cents a mile, up 1.5 cents from 2023) for taxpayers to use in computing the deductible costs of operating an automobile for. The standard mileage rate for business use of vehicles changed in 2022, with a rate of 58.5 cents per mile from january 1, 2022, to june 30, 2022, and 62.5 cents per mile from july 1, 2022, to.