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IRS Mileage Rates Announced for 2024

Scooterlam

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Comments

NotACPA

C:\ProgramData\Quicken\Inet\Common\Localweb\Biz\MileRate.txt

It's a simple, and easily understood, text file.

Use NotePad or WordPad NOT MS Word to edit it.

Jovina

Thanks for providing how to update the file, but honestly, this should be an easy fix that Quicken is responsible to do annually. Quicken, are you going to update this file?

UKR

According to the Release Notes, tax tables were supposed to have been updated in the R 53.26 release in December.

Did they miss updating milerate.txt? Looks like it to me …

Quicken Jasmine

Hello All,

I have forwarded this to my team for further investigation.

Thanks!

dan@

IRS mileage rate for 2024 is .67 Quicken shows .655. Tried to update but is says that I have the latest version R53.32

UKR

https://community.quicken.com/discussion/comment/20410828#Comment_20410828

If you can't wait for the next bug fix release to update the Milerate.TXT file for you, please feel free to do it yourself, following the instructions posted above (while Quicken is closed!)

AFAIK … It actually doesn't matter if Mileage Tracker transactions for 2024 are recorded with an incorrect mileage rate. Once the file is updated, each transaction will update to show the correct rate.