Irs Mileage Rate 2024 For Nonprofit. It’s not the first time there’s been a push in congress to eliminate the shocking disparity between the mileage amount that a business driver ($.65.5/mile) may. Mileage reimbursement amounts are found by multiplying the irs standard mileage rate by the miles traveled for nonprofit purposes.
Beginning january 1, 2024, the standard mileage rate will increase to 67 cents per mile for business miles. Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.