Mileage Rate 2024 Gsa. Gsa has adjusted all pov mileage reimbursement rates effective january 1, 2024. The internal revenue service (irs) establishes standard mileage rates each year to simplify the process of calculating deductible costs of operating an automobile for various purposes.
Learn the latest gsa mileage rate and irs updates. The new rate is set at 65.5 cents per mile, an adjustment from the previous year’s rate, reflecting changes in operational costs, such as fuel prices and vehicle maintenance expenses.
