Massachusetts Mileage Rate 2024. 1, 2022, the standard mileage rates for the use of a car, vans, pickups or panel trucks will be: The rate is increased to 67 cents per mile, up by 1.5 cents from the.
1, 2022, the standard mileage rates for the use of a car, vans, pickups or panel trucks will be: Using the 2024 federal mileage rate, the credit expense would be calculated:10 roundtrip miles x $0.67 = $6.70 per trip.
For State Employee To Receive Reimbursement Of Transportation Expenses.
Massachusetts follows the federal standard mileage rate the internal revenue service (irs) set.
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The amount of the reimbursement is designed to cover various costs associated with travel, including gasoline, insurance, repairs, lease payments, parking fees, and others.
A 2024 Guide To Mileage Reimbursements By State.
Images References :
This Year, The Irs Raised The Mileage Rate For 2024 To 67 Cents Per Mile, Which Is 1.5 Cents More Than The Previous Year’s Rate Of 65.5 Cents Per Mile.
Find current rates in the continental united states, or conus rates, by searching below with.
This Means That Businesses Must Reimburse Employees.
Effective from january 1, 2024, the irs has set the following standard mileage rates:
The Per Diem Rates Shown Here For Lodging And M&Amp;Ie Are The Exact Rates.