Il Mileage Rate 2024

Il Mileage Rate 2024

Il Mileage Rate 2024. Effective january 1, 2024, the mileage reimbursement rate for employees using private passenger vehicles for university business will increase from 65.5 cents. The rate is now 67 cents per mile for those using cars, vans, or trucks for business.


Il Mileage Rate 2024

This notice provides the optional 2024 standard mileage rates for taxpayers to use in computing the. 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

1, 2024, The Standard Mileage Rates For The Use Of A Car (Also Vans, Pickups Or Panel Trucks) Will Be:

Meals & incidentals (m&ie) rates and breakdown.

Beginning On January 1, 2023, The Standard Mileage Rates For The Use Of A Car (Also Vans, Pickups Or Panel Trucks) Will Be:

The new rate is 67 cents per mile, an increase of 1.5 cents from 2023.

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Biz rate increases, on january 1, 2024, the irs standard mileage rate used by employers to reimburse for travel increased from 65.5.

What Is The Illinois Mileage Reimbursement Rate In 2023?

This is up from 65.5.

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