This is the first I have heard of this anyone know if this is in effect or any differences in pay???
EXCITING NEWS!
The U.S. Government now allows $52.00 dollars per day of your current pay will be considered a cost to you for meals and on road living expenses and shown on your pay stub as a per diem reimbursement. These dollars which will now be considered a daily expense to you will not be taxable therefore increasing your take home pay!
Government now allows $52.00 dollars per day
Discussion in 'Questions From New Drivers' started by sundowner, Sep 28, 2007.
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Is this for ALL truckers, just OTR truckers,?????
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What was the dollar amount you could use in the past?
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Guys,
This has been around for about 2 years at this amount.
Previously, it has been at 36.00 and then adjusted several times.
This is the per diem rate in the IRS rules for Truckers. -
AS I UNDERSTAND IT :
52.oo/day minus 80% starting 2008 calenday year, = 41.60/day
and if i have recipts totaling more than 42.oo say 66 on one particular day during the month i can claim the whole 52.oo /day
is this correct? -
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.