Mileage Rate 2024 Nj. * airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles. The irs bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023.
Mileage reimbursement rates reimbursement rates for the use of your own vehicle while on official government travel. Annual appropriations acts have adjusted this.