December 12, 2024

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Standard Mileage Rate 2024 For Charity

Standard Mileage Rate 2024 For Charity. The charity mileage rate remains unchanged at 14 cents per mile. Optional 2024 standard mileage rates (67 cents a mile, up 1.5 cents from 2023) for taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes from 2023, the irs released.


Standard Mileage Rate 2024 For Charity

This is particularly relevant for volunteers who drive for charitable organizations. On the other hand, the rate for medical and moving purposes sees a slight decrease of 1.

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