Mileage Reimbursement 2024 Gsa. The internal revenue service (irs) has announced the standard mileage rates for the year 2024. The new rate is set at 65.5 cents per mile, an adjustment from the previous year's rate, reflecting changes in operational costs, such as fuel prices and vehicle.
If you are authorized to travel by a privately owned vehicle (pov) for local, temporary duty (tdy), or permanent change of station (pcs) travel, you are entitled to a mileage allowance, reimbursed as a rate per mile in lieu of reimbursement of actual pov operating expenses. The general services administration (gsa) recently announced the 2024 gas reimbursement rates for federal workers who use their privately owned vehicle for federal business (commuting doesn’t count).
Compared To 2023, The Reimbursement Was 65.5 Cents.
There is no rate specific to.
January 25, 2024 Last Updated.
The irs sets a standard mileage rate each year to simplify mileage reimbursement.
The irs rate for privately owned automobiles increases to 67 cents per mile, the motorcycle rate increases to 65 cents per mile, the moving reimbursement rate.
Under The Introduced Rates, Gsa Has Decided The Per Mile For The Airplane That Is Privately Owned Is One Dollar 76 Cents Per Mile.
2024 gsa mileage reimbursement rate dani nichol, columbus — ohio’s public employers will pay nearly $8 million less in premiums next year to the ohio bureau.