Gsa has adjusted all pov mileage reimbursement rates effective january 1, 2024. The standard reimbursement rate for 2024 is currently set to 67 cents per mile, which is 1.5 cents.
Use this table to find the following information for federal employee travel: In accordance with state and und travel policy, the personal vehicle mileage rate for 2024 has been updated to the current gsa level:
The Per Diem Rate For Fy 2024 Will Be $9 More Than Last.
With the updated irs mileage reimbursement rate for 2024, federal employees should adopt best practices for tracking and reporting their business mileage.
The Standard Mileage Rates For 2023 Are:
The irs established the federal standard mileage rate effective january 1, 2023, at 65.5 cents per mile, which was used in preparing the fy 2024 budget indices.
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What Is The Current Mileage Reimbursement Rate For 2024?
22 cents per mile for medical and moving purposes.
Itโs Important To Note That The Standard Mileage Rates Are Subject To Change And May Be Updated Periodically By The Irs.
For motorcycles, the rate is similarly increasing from $0.63ยฝ per.