Texas Mileage Reimbursement Rate 2024 Pdf

Texas Mileage Reimbursement Rate 2024 Pdf. The rate for business use of a vehicle has increased to 67 cents per mile, up by 1 1/2 cents from the 2023 rate. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600.

If your medical and dental expenses exceed more than 7.5% of adjusted gross income (agi), you can deduct the overage. The standard mileage rates for 2023 are: