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  2. Write off your mileage? The IRS expands the deduction ... - AOL

    www.aol.com/finance/write-off-mileage-irs...

    On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...

  3. Taxes 2024: IRS Increases Mileage Standard Deduction Rates by ...

    www.aol.com/taxes-2024-irs-increases-mileage...

    The Internal Revenue Service announced an increase in the standard mileage rates when people use their vehicles for business use. The standard mileage deduction rose to 67 cents per mile, up 1.5 ...

  4. IRS mileage rate for business goes up by 1.5 cents for 2024 - AOL

    www.aol.com/irs-mileage-rate-business-goes...

    The IRS bumped up the optional mileage rate to 67 cents a mile in 2024 for business use, up from 65.5 cents for 2023. The new rate kicks in beginning Jan. 1 and it would apply to 2024 tax returns ...

  5. Mileage Reimbursement Rate for 2023: What To Expect - AOL

    www.aol.com/finance/mileage-reimbursement-rate...

    Truck drivers get the standard mileage rate of 65.5 cents per mile. This rate increased from 62.5 cents per mile as of January 2023. To figure out your deduction, take the number of miles driven ...

  6. Daily mortgage rates for May 31, 2024: Rates change ... - AOL

    www.aol.com/finance/daily-mortgage-rates-for-may...

    May 1, 2024: Fed holds benchmark rate unchanged for sixth time since July 2023. At the conclusion of its third rate-setting policy meeting of 2024 on May 1, 2024, the Federal Reserve left the ...

  7. The Best Tax Deductions and Tax Breaks for 2023-2024 - AOL

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    8. Mortgage Interest Deductions. You can typically deduct the entire amount of your mortgage interest or on the first $750,000, or $375,000 of indebtedness if married filing separately. If your ...

  8. Business mileage reimbursement rate - Wikipedia

    en.wikipedia.org/wiki/Business_mileage...

    The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...

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    related to: aol mileage rates 2023 standard mileage rates 2024