Mileage Rate For 2024 In Texas For Sale. New standard mileage rates are: The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per mile in 2024.
The irs adjusts this rate each year to reflect changes in vehicle. 67 cents per mile for business use (up 1.5 cents from 2023.) 21 cents per.