2024 Mileage Deduction Rate 2024. The irs has announced its 2024 standard mileage rates. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600.

If your medical and dental expenses exceed more than 7.5% of adjusted gross income (agi), you can deduct the overage. Reduction of the corporate income tax rate on foreign companies to 35%;