Per diem taxes for the year

Best to consult an accountant, but one number I have worked through persanally is $21,000.

Food, tools, clothes, entertainment. You get a big chunk for OTR when away from home.

 

Are those per diem, or M&I( meals and incidental expenses)?

 

Your last statement isn’t true for W2 employees. Just wanted to add that so someone doesn’t read it and get confused.

 

Per-Diem Rate for Truckers - OOIDA

Before we confuse ourselves and others with bad information and FUD. What tax code are you referencing?

 

Explain. Please reference IRS or other supporting documentation.

 

Here’s who qualifies for the employee business expense deduction | Internal Revenue Service

With very few exceptions, anyone paid on a W2 can no longer itemize ever since Trump changed the tax code and doubled the standard deduction.