Mileage Rate 2024 Nc. Beginning january 1, 2024, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be: 1, 2024, the irs increased the business standard mileage rate to 67 cents a mile (up from 65.5 cents), which impacts all individuals who travel on university business.
* airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles. 1, 2024, the standard mileage rate for the business use of a car (including vans, pickups, and panel trucks) is 67 cents per mile.