Per
Diem Meal Deductions Info For Truckers
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:
