Business Mileage Rate 2024 Calculator. The a free irs mileage calculator is designed to help you understand your mileage deduction for 2023 or 2024. Having employees use their own vehicle for work can be expensive.

You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. The irs increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 67 cents per mile driven, up 1.5 cents.