Depreciation On Mileage On 2024. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. 67 cents per mile for business travel.

For 2024, the standard mileage rate is 67 cents per business mile for 2024 (up from 65.5 cents for 2023). For 2024, the standard mileage rate is 67 cents per business mile (an increase from 65.5 cents in 2023).