Pov Mileage Rate 2024. The mileage reimbursement rate for official travel via privately owned vehicle (pov) went down by 1. Updated march 22, 2024 | published march 17, 2023 at 1:07pm edt.
If you are authorized to travel by a privately owned vehicle (pov) for local, temporary duty (tdy), or permanent change of station (pcs) travel,. This item inserts clarifying language identified in gsa’s federal.
Business Use Is 67¢ Per Mile, Up From 65.5¢ In.
The irs has announced the standard mileage rate for 2024:
Privately Owned Vehicle (Pov) Mileage Reimbursement Rates Gsa Has Adjusted All Pov Mileage Reimbursement Rates Effective January 1, 2024.
The irs sets a standard mileage rate each year to simplify mileage reimbursement.
New Irs Mileage Rate For 2024.
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65.5 Cents Per Mile For Business Purposes.
The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023.
The Rate Is Increased To 67 Cents Per Mile, Up By 1.5 Cents From.
Business use is 67¢ per mile, up from 65.5¢ in.
Cy 2024 Standard Mileage Rate For Moving Purposes 88 Fed.