IR-2023-239, issued December 14, 2023, set 67 cents per business mile for 2024, up 1.5 cents from 2023.
Source: irs.gov · checked 2026-09-28Standard mileage rate · tax year 2024
IRS mileage rate 2024: 67 cents per business mile
The IRS standard mileage rate for business use in 2024 is 67 cents per mile, for all business miles driven from January 1 through December 31, 2024. The IRS issued it on December 14, 2023 in IR-2023-239, with the details in Notice 2024-8. It was 1.5 cents higher than 2023's 65.5 cents. Medical miles and moving miles for qualified active-duty military dropped 1 cent to 21 cents, and charitable miles stayed at 14 cents. Self-employed drivers use 67 cents for 2024 business miles if they take the standard mileage method rather than actual expenses.
IRS business rate · 2024 67¢
Jan–Dec 2024: 67¢ per business mile
All 2024 rates
Business, medical and charitable miles in 2024
| Period | Business | Medical / moving* | Charitable |
|---|---|---|---|
| Jan–Dec 2024 | 67¢ | 21¢ | 14¢ |
*Moving miles apply only to active-duty members of the Armed Forces. Cents per mile. Not tax advice.
Worked example
1,000 business miles in 2024
The deduction is miles × the rate in force when the miles were driven. One rate covered all of 2024.
Example · deduction for 2024 $670.00
1,000 mi · Jan–Dec 2024 × 67¢/mi = $670.00
From the IRS
What the IRS published for 2024
Notice 2024-8 (published in Internal Revenue Bulletin 2024-2) contains the 2024 rates and supersedes Notice 2023-03.
Source: irs.gov · checked 2026-09-28Notice 2024-8 treats 30 cents per mile as depreciation for 2024, up from 28 cents in 2023.
Source: irs.gov · checked 2026-09-28The standard automobile cost under a fixed and variable rate (FAVR) plan may not exceed $62,000 for 2024, up from $60,800 in 2023.
Source: irs.gov · checked 2026-09-28Business rose 1.5 cents (65.5 to 67 cents) while medical/moving fell 1 cent (22 to 21 cents), so the two rates moved in opposite directions.
Source: irs.gov · checked 2026-09-28No. The IRS rate table shows one 2024 rate, 67 cents, for the whole year.
Source: irs.gov · checked 2026-09-2814 cents per mile; IR-2023-239 notes it is set by statute and unchanged from 2023.
Source: irs.gov · checked 2026-09-28What the IRS set for 2024
IR-2023-239 was issued on December 14, 2023, earlier in the month than the 2023 and 2025 announcements. It raised the business rate by a modest 1.5 cents, to 67 cents, and moved the medical and moving rate down by 1 cent, to 21 cents. The two numbers diverged because they are built differently: the business rate reflects both fixed and variable costs of operating a car from an annual study, and the medical and moving rate reflects variable costs only. Notice 2024-8 lifted the depreciation share of the business rate to 30 cents per mile and raised the FAVR standard automobile cost cap to $62,000, the largest cap among the 2022–2026 notices. The release states that the rates cover electric and hybrid-electric cars as well as gasoline and diesel ones. There was no mid-year adjustment in 2024, so a single rate covers the year and trip dates do not change the value of a mile.
Using 67 cents on a 2024 return
IR-2023-239 reminds taxpayers they always have the option of calculating actual vehicle costs instead of using the standard rates. Publication 463 explains the constraint that matters most for gig drivers deciding between them: for a car you own, the standard mileage rate generally has to be chosen in the first year the car is used for business, and for a leased car it must be used for the whole lease once chosen. Drivers who run five or more cars at the same time cannot use it. Business-related parking and tolls are deductible in addition to the rate. The release also restates two Tax Cuts and Jobs Act limits in force for 2024: employees cannot deduct unreimbursed travel as a miscellaneous itemized deduction, and moving mileage applies only to active-duty Armed Forces members moving under orders to a permanent change of station. Treat this as general IRS guidance, not tax advice for your return.
Worked example at 67 cents
A delivery driver with 8,500 business miles in 2024 multiplies 8,500 × $0.67 = $5,695.00. A rideshare driver with 21,000 business miles gets 21,000 × $0.67 = $14,070.00. Commuting miles do not count: if the rideshare driver's log also had 1,200 miles from home to a regular work location, those stay out, because Publication 463 treats them as personal commuting no matter how far. On the depreciation side, Notice 2024-8's 30 cents per mile means the 8,500-mile driver reduces the car's basis by $2,550.00 for 2024. Compared with 2023's 65.5-cent rate, the same 8,500 miles would have been valued at $5,567.50, so the 1.5-cent increase adds $127.50 for that driver. Business parking and tolls from those same trips would be listed separately on top of the mileage amount rather than folded into it. All figures are arithmetic examples only.
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IRS mileage rate 2024 — questions
Why did the 2024 medical mileage rate go down when the business rate went up?
The medical and moving rate reflects only variable operating costs, while the business rate includes fixed costs too. For 2024 that produced 21 cents medical (down 1 cent) against 67 cents business (up 1.5 cents).
When did the IRS announce the 2024 mileage rate?
On December 14, 2023, in news release IR-2023-239, with the formal rates in Notice 2024-8.
What was the FAVR vehicle cost limit for 2024?
$62,000 for automobiles, including trucks and vans, under Notice 2024-8, up from $60,800 in 2023.
How much depreciation is built into the 2024 rate?
30 cents of each 67-cent business mile, per Notice 2024-8. That amount reduces the car's basis for each business mile claimed.
Can CatchMile show my 2024 miles at 67 cents?
No. CatchMile is built for logging current drives and applies only the 2026 rates; it does not reconstruct or revalue earlier years.
