Mileage Reimbursement Rate 2024 Pdf

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Mileage Reimbursement Rate 2024 Pdf. If your medical and dental expenses exceed more than 7.5% of adjusted gross income (agi), you can deduct the overage. The standard mileage rate will increase to 67ยข per mile for business miles driven beginning january 1, 2024,.


Mileage Reimbursement Rate 2024 Pdf

The irs has announced the new standard mileage rates for 2024. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600.

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