Kentucky Mileage Reimbursement Rate 2024. For the same 1,000 business miles, using the irs rate, the reimbursement would be $670. The irs has announced the update on the standard mileage rate for taxpayers to use the mileage rate and calculate the deductible costs of operating a vehicle for medical, charitable, business, or moving expenses.
Please see the linked memorandum for specific reimbursement rates for mileage, meals, and lodging. Click here to access the current mileage rate.
Cities That Use The Irs Rate To Reimburse Employees And Elected Officials For Mileage Should Know That The Irs Raised The Standard Mileage Reimbursement Rate From 65.5 Cents To 67 Cents Per Mile, Effective Jan.
What is the 2024 federal mileage reimbursement rate?
31, 2023 Is 46ยข Per Mile.
Please see the linked memorandum for specific reimbursement rates for mileage, meals, and lodging.
The Reimbursement Rate Is Determined Using The American Automobile Association (Aaa) Daily Fuel Gauge Report For Kentucky For Regular Unleaded Gasoline.
Gsa establishes the rates that federal agencies use to reimburse their employees for lodging and meals and incidental expenses incurred while on official travel within the continental united states (conus).
Meals &Amp; Incidentals (M&Amp;Ie) Rates And Breakdown.
House committee substitute (1) annual mileage reimbursement rate, internal revenue service standard mileage rate, establishment.