Current Mileage Rate For 2024 Illinois

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Current Mileage Rate For 2024 Illinois. You can calculate mileage reimbursement in three simple steps: 1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:


Current Mileage Rate For 2024 Illinois

โ€ข 65.5 cents per mile driven for business use, up 3 cents from the midyear increase setting the rate for the second half of 2022. Illinois has a similar mileage reimbursement law to california, stating that โ€œemployees shall be reimbursed for expenses incurred while traveling during the scope of employment.โ€ the illinois mileage rate for 2023 is 65.5 cents per mile, as many businesses find using the irs set rate to be most practical.

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