Washington Mileage Reimbursement Rate 2024. You can simply multiply the number of miles you have driven for work purposes by the irs standard mileage rate, changes on an annual basis. You get maximum visibility on expenses, invoices.
Flat rate reimbursement amount = miles driven x flat rate allowance. Fy 2024 per diem rates for washington.
The Rate Is Changing From 58.5 To 62.5 Cents Per Mile.
Hence, the compensation amount = 2,000 x $0,6 = $1,200.
You Should Use The Formula:
An employee covers 2,000 miles.
Washington Mileage Reimbursement Rate 2024 Images References :
For 2024, The Standard Mileage Rate Is The Following:
14, 2023 washington โ the internal revenue service issued the 2024 optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.
Effective January 1, 2024, The Private Aircraft Reimbursement Rate Is $1.76 Per Statute Mile.