Mileage Reimbursement 2024 Rate Of Return

Mileage Reimbursement 2024 Rate Of Return. John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600. You should use the formula:

John, a freelancer, drives 1,000 miles for client meetings and is reimbursed by his clients at $0.60 per mile, totaling $600. Flat rate reimbursement amount = miles driven x flat rate allowance.