Michigan Mileage Reimbursement Rate 2024. What do michigan’s tax laws say about mileage reimbursement? Effective january 1, 2024, the university's rate for mileage reimbursement changed to 67.0 cents per mile, from 65.5 cents per mile, for qualified university business travel that commences on,.

The irs sets a standard mileage rate each year to simplify mileage reimbursement. The following lists the privately owned vehicle (pov) reimbursement rates for automobiles, motorcycles, and airplanes.