Mileage Rate 2024 For Nonprofits. For 2024, the business mileage rate is 67 cents per mile. Beginning on january 1, the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes will be the following:
Notably, this rate has remained unchanged since 1998, reflecting the. Itโs not the first time thereโs been a push in congress to eliminate the shocking disparity between the mileage amount that a business driver ($.65.5/mile) may deduct and the rate available ($.14/mile) to a nonprofit volunteer.
