Standard Mileage Rate 2024 Medical

Standard Mileage Rate 2024 Medical. You may be eligible for a considerable tax deduction if you frequently travel for medical reasons. The rate for medical or moving purposes in 2024 decreased to 21 cents.

Standard mileage rates are used to calculate the amount of a deductible business, moving, medical, or charitable expense (miles driven times the applicable rate). Standard medical mileage rates, parking fees, tolls, and other qualified transportation amounts.