Mileage Rate For 2024 In Texas

Mileage Rate For 2024 In Texas. According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs of operating an automobile.” here are the mileage. Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.

1, 2024, the standard mileage rate for the business use of a car (including vans, pickups, and panel trucks) is 67 cents per mile. A state agency may specify a mileage reimbursement rate that is lower than the maximum allowable rate per mile under texas government code, section 660.007(b).