2024 Mileage Deduction. 67 cents per mile driven for business use, up 1.5 cents from 2023. Washington — the internal revenue service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an.

For 2024, the business standard mileage rate is 67 cents per mile driven. The standard mileage deduction rose to 67 cents per mile, up 1.5 cents from 2023.