Minnesota Mileage Rate 2024. Article 19, section 2 of mgec’s contract with the state ties eligible mileage reimbursement rates to the federal irs rate. If you’re tracking or reimbursing mileage in any other state, it is recommended that you use the 2024 standard mileage rate of 67 cents per mile as well.
Click on any county for a detailed breakdown of the per diem rates applicable in that area, and a table of per diem rates by month for the entire year of 2024. The internal revenue service (irs) has announced a increase in the standard mileage reimbursement rate for business miles.
The Standard Irs Mileage Rate For The Business Use Of An Employee’s Personal Automobile.
As we are all keenly aware,.
Irs Mileage Rate Effective January 1, 2024.
The standard mileage rate for the business use of employees’ vehicles will be 67 cents per mile , up 1.5 cents from the midyear rate set.
Volunteer Drivers May Exclude Mileage Reimbursement Payments From Their Income Only To The Extent They Would Be Able To.
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For Business Use, The Standard Mileage Rate Has Been Increased To 67 Cents Per Mile, Up 1.5 Cents From 2023.
2024 jan feb mar apr may jun jul aug sep;
As We Are All Keenly Aware,.
On the other hand, the mileage rate for medical or.