Federal Irs Mileage Rate 2025. Organizations and individuals that use vehicles for business purposes should pay close attention to changes in these rates. Gsa has adjusted all pov mileage reimbursement rates effective january 1, 2024.
The irs mileage rate for 2024 is 67 cents per mile driven for business use. The standard mileage rate will increase to 67ยข per mile for business miles driven beginning january 1, 2024, up from 65.5ยข in 2023.