Nonprofit Mileage Reimbursement 2024. Beginning on jan uary 1, the 2024 optional standard mileage. Car expenses and use of the standard mileage.
67 cents per mile driven for business use (up 1.5 cents from 2023) 21 cents per mile driven for medical or. On december 14, 2023, the internal revenue service (irs) anno unced the mileage reimbursement rate s for 2024.
New Irs Mileage Reimbursement Rate For 2024:
Beginning january 1, 2024, the optional standard mileage rates are as follows:
A Solid Travel Expense Reimbursement Policy For Nonprofits Helps You To Meet The Irs Guidelines And Keep Finances Transparent To Donors.
The charitable mileage rate of $0.14 per mile has not changed since it was fixed in statute in 1997.
What Is The Federal Mileage Reimbursement Rate For 2024?
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The Irs Sets A Standard Mileage Rate Each Year To Simplify Mileage Reimbursement.
Effective from january 1, 2024, the irs has set the following standard mileage rates:
The Charitable Mileage Rate Of $0.14 Per Mile Has Not Changed Since It Was Fixed In Statute In 1997.
We are pleased to announce important updates to our irs mileage reimbursement process, effective immediately.