Tax deductions for company drivers
Discussion in 'Trucker Taxes and Truck Financing' started by sierrawayfarer, Mar 7, 2010.
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doesnt matter what you actually spend it on, thats what your allowed at the end of the year. I use 240 days a year some do more some do less. There are some exceptions to the $59 rate but unless you'll be in one of the high per diem states a lot like CA, then thats the easiest way
cavemann Thanks this. -
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Would not be a problem for me. -
you expect the average person here to keep those kind of records? In your professional opinion, would you suggest someone (trucker) keep those receipts? -
I only commented different because of the post that stated you could not take actual costs. -
Where truckers would use the GSA zip code rates is for lodging. Those would be higher for company drivers using most motels than the actual rates. OO's using motels can only deduct the actual amount paid. -
Ok, so what about deductions for when you are doing a 36 hour reset far from home? Can you only deduct the $52-$59 per day for food for those 3 days or is there some other (additional) compensation you can claim while sitting around twiddling your thumbs?
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When your away from home your away from home, simple as that. BUT in addition to the per diem you can claim the hotel/motel costs. I save and claim everything! Pens paper, batterys,paper towels, air freshners you get the point.
BTW it's 34 reset not 36
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