Irs Mileage Rate 2024 For Volunteers

Irs Mileage Rate 2024 For Volunteers. In 2023, the irs set the standard mileage rates at 65.5 cents per mile for business, 14 cents per mile for charity, and 22 cents per mile for medical and moving purposes. Volunteers should keep records of their expenses or mileage reports for tax auditing purposes.


Irs Mileage Rate 2024 For Volunteers

Under current irs regulations, nonprofits can reimburse charitable mileage at the rate of 14 cents per mile. To calculate the travel fee for a trip using the irs standard mileage rate, multiply the total miles driven for the trip by the applicable mileage rate (67 cents for business in 2024).

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