2024 Mileage Rate. * airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945. Gsa has adjusted all pov mileage reimbursement rates effective january 1, 2024.
The new irs mileage rates for 2024 are 67 cents per mile for business purposes (up from 65.5 cents per mile in 2023), 21 cents per mile for medical or moving purposes and 14. 67 cents per mile for business purposes.