Business Mileage Rate 2024 Florida. The 2024 business mileage rate has increased to 65.5 cents per mile, a rise of 1.5 cents from the previous year. At the end of last year, the internal revenue service published the new mileage rates for 2024.
For tax year 2024, the standard mileage rates for the use of a vehicle (including vans, pickups or panel trucks) will be: This document includes the optional 2024 standard mileage rates and details the maximum automobile cost for calculating the allowance under a fixed and variable rate (favr).