2024 Mileage Reimbursement Rate 2024 Calculator. * airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945 sms). By inputting the tax year and total miles driven for business, medical, and charitable purposes, the calculator automatically computes your reimbursement amount based on the applicable standard mileage rate.

Calculating mileage reimbursement for 2024. With the updated irs mileage reimbursement rate for 2024, federal employees should adopt best practices for tracking and reporting their business mileage.