New Jersey Mileage Reimbursement Rate 2024. Input the number of miles driven for business, charitable, medical, and/or moving purposes. The new rate kicks in beginning jan.
Standard mileage rates for moving purposes: 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.
Governor Phil Murphy โข Lt.
Most employers in the private sector will use the states guidelines as a basis for their own policies and procedures on travel expenses, however most pay a mileage.
You Can Calculate Mileage Reimbursement In Three Simple Steps:
Effective july 1, the standard mileage rate for business travel will be 62.5 cents per mile.
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Images References :
2024 Nj S2589 (Summary) Sets State's Mileage Reimbursement Rate At Irs Rate For Business Use Of Automobile.
Effective july 1, the standard mileage rate for business travel will be 62.5 cents per mile.
Effective From January 1, 2024, The Irs Has Set The Following Standard Mileage Rates:
Sets state’s mileage reimbursement rate at irs rate for business use of automobile.