2024 Mileage Reimbursement Rate Illinois. The mileage reimbursement rate for travel on/after january 1, 2023 is 65.5 cents per mile. Effective through april 30, 2024:
You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving. Effective january 1, 2024 the new reimbursement rate is 67 cents per mile.
In Sum, The State Of Illinois’ Mileage Reimbursement Rate For The Use Of Personal Vehicles Will Increase From 58.5 Cents Per Mile To 62.5 Cents Per Mile Effective July 1, 2022.
Effective through april 30, 2024:
Illinois Has A Similar Mileage Reimbursement Law To California, Stating That “Employees Shall Be Reimbursed For Expenses Incurred While.
67 Cents Per Mile Driven For Business Use, An Increase Of 1.5 Cents From 2023.
The illinois mileage reimbursement law and the irs standard mileage rate are both crucial.
In Sum, The State Of Illinois’ Mileage Reimbursement Rate For The Use Of Personal Vehicles Will Increase From 58.5 Cents Per Mile To 62.5 Cents Per Mile Effective July 1, 2022.
Other states and jurisdictions like iowa, montana, new york, pennsylvania, and washington,.