Mileage Rate 2024 For Nonprofits

Mileage Rate 2024 For Nonprofits. The charitable mileage rate of $0.14 per mile has not changed since it was fixed in statute in 1997. Notably, this rate has remained unchanged since 1998, reflecting the.


Mileage Rate 2024 For Nonprofits

The internal revenue service has issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. However, this rule applies as long as your companyโ€™s mileage rate is not more than the current standard mileage rate issued by the irs.

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