The U.S. General Services Administration (GSA) sets the standard mileage reimbursement rates annually for federal employees and, by extension, is often used as a benchmark for many businesses and organizations. These rates are designed to cover the costs associated with using a personal vehicle for official government business, including depreciation, insurance, maintenance, and repairs. For 2024, the GSA has updated these rates to reflect changes in operating costs.
Understanding these rates is crucial for anyone who travels for work and uses their personal vehicle. The reimbursement rate can significantly impact an individual's out-of-pocket expenses. This calculator will help you quickly determine your potential reimbursement based on the miles driven and the applicable rate.
How to Use the Calculator:
Enter the total number of miles you drove for official business.
Select the type of travel from the dropdown menu. The rates vary based on the nature of the travel.