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Business Mileage Deduction 2024

Business Mileage Deduction 2024. Mileage deductions can add up to significant savings for taxpayers. The 2023 standard mileage rate is 65.5 cents per business mile driven.


Business Mileage Deduction 2024

The 2024 mileage rate applies to all miles you drive starting january 1, 2024 through december 31. 67 cents per mile, up 1.5 cents from 65.5 cents in 2023.

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