Nemt 2024 Mileage Rate Increase. * airplane nautical miles (nms) should be converted into statute miles (sms) or regular. The irs issued the standard mileage rates for 2024, which are used to calculate the deductible costs of operating a car for various purposes.
With the recent notice, the 2024 business standard mileage rate is increasing to 67 cents, up 1.5 cents from 2023. Navigate challenges, optimize with tobi’s advanced features, and streamline your nemt business.