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Mileage Rate 2024 Calculator

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Mileage Rate 2024 Calculator. The irs mileage rate for 2024 has been set at 67 cents per mile. To calculate vehicle allowance amounts provided by employers using the cra mileage rate, multiply an employee’s total business kilometres driven during a given tax year with the corresponding kilometric rate of ($0.70.


Mileage Rate 2024 Calculator

You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. The mileage calculator app helps you find the driving distance between cities and figure out your reimbursement using the latest irs standard mileage rate of 67¢ as of january 1, 2024.

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