2024 Mileage Rate Business Rate. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. 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 northwest territories, yukon, and nunavut get an additional 4ยข per kilometre: 70ยข per kilometre for the first 5,000km driven.