2024 Mileage Reimbursement Rate Illinois. The waiver rate changes outlined in this ib are effective january 1, 2024. For 2024, the irs mileage rate is set at 67 cents per business mile.
The irs mileage rate accounts for vehicle operating costs, including gas, depreciation, insurance, and maintenance. As of 2024, the irs rate is 67 cents per mile for business travel.