2024 Mileage Rate Deductions For Senior Citizens

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2024 Mileage Rate Deductions For Senior Citizens. You can use this form if you are age 65 or older at the end of 2023. That's higher than the standard deduction for younger taxpayers, which is $25,900.


2024 Mileage Rate Deductions For Senior Citizens

For example, if you’ve driven a total. For tax year 2023 (the taxes you file in 2024), the irs standard mileage rate is 65.5 cents per mile when used for business.

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