Mileage Reimbursement 2024 Calculator. How to calculate mileage for taxes. Increase in business mileage rate:
* airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945 sms). Our calculator uses the latest irs mileage rates to estimate your reimbursement based on the miles youโve driven and the purpose of the drive (business, medical/moving, or charitable).