WebThe new IRS mileage rates were: 62.5 cents per mile driven for business purposes. 22 cents per mile driven for medical/moving purposes. 14 cents per mile driven in service of charitable organizations remains unchanged. ‍. These new rates applied as … Web13 sep. 2024 · The IRS usually only issues new mileage rates once a year. But because gas prices rose so much during the first half of 2024, the IRS issued two rates for that year. Taxpayers can also deduct parking fees and tolls in addition to the standard mileage rate, but no other actual expenses.

Tax refunds are getting smaller, and fit into a slowing economy

Web1 jan. 2024 · Supplemental Mileage. Some employees may be entitled to an amount above the IRS mileage rates under certain circumstances as outlined in collective bargaining … Web24 jun. 2024 · The new IRS mileage rate for 2024. The revised mileage rates are: 62.5 cents per mile for business purposes. 22 cents per mile for medical and moving … the sims 4 free ea

The New IRS Mileage Rate for 2024: Everything You Need to Know

Web30 dec. 2024 · The IRS has announced that the federal mileage rates for 2024 are changing from July 1st, 2024. The new mileage rates will be: 62.5 cents per mile for business purposes, up 4 cents from the first half of the year 22 cents per mile for medical and moving purposes, up 4 cents from the first half of 2024 14 cents per mile for charity … WebThe IRS has announced that the standard optional mileage rate for 2024 is 65.5 cents per mile. This is an increase of 3 cents over last year's rate. The rate is now higher than it has been in the last 11 years. Additionally, active duty Armed Service members can claim moving and medical driving expenses at 22 cents per mile. Web27 jan. 2024 · An IRS rate of 14 cents per mile for mileage relating to work for charitable organizations remained at one rate throughout 2024 since that rate is set by statute, and … the sims 4 free download ไทย