2024 Mileage Rates Irs. The maximum standard vehicle cost allowance for favr and fleet programs has also been. 21, 2024 washington — as educators gear up for the new school year, the irs reminds schoolteachers that the maximum deduction for classroom expenses in 2024 remains at $300.
Business use is 67¢ per mile, up from 65.5¢ in 2023. Washington — the internal revenue service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.