Mileage Reimbursement 2024 For Michigan. Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes. Effective january 1, 2024, the mileage reimbursement rate changed from 65.5 cents to 67 cents per mile as directed by internal revenue service (irs).
According to the irs , the mileage rate is set yearly “based on an annual study of the fixed and variable costs. 65.5 cents per mile), company pay for the tolls, but gas, maintenance, and insurance is on my own.
Effective January 1, 2024, The Mileage Reimbursement Rate Changed From 65.5 Cents To 67 Cents Per Mile As Directed By Internal Revenue Service (Irs).
There is no specific state mileage rate in michigan.
What Is The Mileage Reimbursement Rate For Michigan?
The michigan mileage rate for 2023 for government agencies follows the irs standard rate of 65.5 cents per mile, but the court system uses a reduced mileage rate.
Mileage Reimbursement 2024 For Michigan Images References :
Meals &Amp; Incidentals (M&Amp;Ie) Rates And Breakdown.
However, many organizations both public and private.
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Effective january 1, 2024, the mileage reimbursement is 67 cents per mile.