What Is The Mileage Rate For 2024 In California. Beginning on january 1, 2024, the millage rate for reimbursement for business use will increase to 67 cents per mile. 67 cents per mile driven for business use, up 1.5 cents from 2023.
The mileage reimbursement is for the use of cars such as. Injured workers who travel for related medical treatment will be reimbursed next year at a rate of 67 cents per mile, an.
On December 14, 2023, The Agency Announced The Following Rates For 2024 Business Travel:
See how much you get back with our mileage reimbursement calculator for california
Since January 1St, 2024, The Irs Standard Mileage Rate Has Been.67.
67 cents per mile driven for business use, up 1.5 cents from 2023.
You Can Calculate Mileage Reimbursement In Three Simple Steps:
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Using The Same Example As Above, You Would Be Entitled To A Witness Fee Of $40 Plus 67 Cents Per Mile.
While minimum wages are increasing, the irs gave employees who drive for company business another present this holiday season:
Therefore, For Miles Driven On Or After January 1, 2023, The Standard Mileage Rate Will Increase To 65.5ยข Per Business Mile Driven.
67 cents per mile driven for business use, up 1.5 cents from 2023.