2024 Mileage Reimbursement Rate For Minnesota Residents. For business travel, the rate is $0.67 per mile, up by $0.015 compared to 2023. The rate has been adopted for.

Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. The internal revenue service (irs) has announced a increase in the standard mileage reimbursement rate for business miles.