Trucker Per Diem Rates

    Prior to Nov,1, 2003 the per diem rate for meals was 65% of $40 per day.  After Nov,1, 2003 the rate increased to 70% of $41 per day.

    The deductible portion of food or beverage expenses gradually increases for individuals during, or incident to, the period of duty away from home and subject to the hours of service limitations of the Department of Transportation ( § 274(n)(3)).

    For taxable years beginning after 1997 the deductible percentages for such expense are:

    For Taxable Years Beginning In: Applicable Percentage:
    1998 or 1999 55%
    2000 or 2001 60%
    2002 or 2003 65%
    2004 or 2005 70%
    2006 or 2007 75%
    2008 and thereafter 80%

    Applicable Percentage For The Deductible Portion Of Medical Premiums:

    For Taxable Years Beginning In: Applicable Percentage:
    2001 60%
    2002 70%
    2003 100%

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    { 3 comments… read them below or add one }

    e April 18, 2011 at 9:17 am

    does anyone have a complete list of ownwer operators tax dedeuctions?


    Xavier Dent July 11, 2011 at 9:39 pm

    How do I claim my per diem earnings?


    allan May 30, 2013 at 4:54 pm

    If my job takes out per diem from my check weekly do I get a larger weekly ck or smaller ck??


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