Standard Mileage Rate 2024 Tennessee. 1, 2024, the standard mileage rate for the business use of a car (including vans, pickups, and panel trucks) is 67 cents per mile. Beginning on january 1, the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or.

Irs issues standard mileage rates for 2024; Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.