Nemt 2024 Mileage Rate Increase

Nemt 2024 Mileage Rate Increase. 67 cents per mile driven for business use, up 1.5 cents. These new funds will support rate increases of around 31% from current rates for most.


Nemt 2024 Mileage Rate Increase

The new rate kicks in beginning jan. The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per mile in 2024.

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