Business Mileage Rate 2024. The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. The standard mileage rate for transportation or travel expenses is 67 cents per mile for all miles of business use (business standard mileage rate).

67 cents per mile, up 1.5 cents from 65.5 cents in 2023. See section 4 of rev.