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2024 IRS Mileage Rates: Changes for Vehicle Deductions
2024 IRS Mileage Rates: Changes for Vehicle Deductions For 2024, the standard mileage rates for calculating deductible vehicle operation costs have changed. For business use, the rate has increased to 67 cents per mile, a slight bump of 1.5 cents from the previous year. For medical or moving purposes, the latter specifically for qualified ...
659 viewsFeb 28, 2024
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