Mileage Reimbursement 2024 For Business. The 2023 mileage rate was 65.5 cents per mile driven for business use. What is the federal mileage reimbursement rate?

The following lists the privately owned vehicle (pov) reimbursement rates for automobiles, motorcycles, and airplanes. Mileage reimbursement is when employers offer employees reimbursement for expenses associated with driving on behalf of the business.