Standard Mileage Rate 2024 For Charity

Standard Mileage Rate 2024 For Charity. For taxpayers who use a vehicle for business purposes, the amount of the standard mileage treated as depreciation is 30 cents per mile. The charitable mileage rate, set by congress, remains unchanged at 14 cents since 1998.

The internal revenue service has issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Irs issues standard mileage rates for 2024;