Per Diem ?

Transportation employees get 80% of $59 for each day on the road. Days you leave the house and go home don't count.

You need to fill out form 2106 or 2106-EZ

 

I don't think you can claime the 80% of $59 if you are taking the companies per deim. Road medic should be along to give a good answer but still advice off the Internet will not keep the IRS off your butt. I have a CPA buts that's me. A local tax prep service may or may not know the rules governing truckers. My CPA does.

why don't folks just say $47.20 instead of 80% of $59?

 

Yes you can claim the other part of per diem. If u use a Cpa or turbo tax it'll fill it out as long u let it know your in transportation and under dot hours

 

Yours is not an easy answer.

You are entitled to 59.00 per day per diem in the US. So, you would need to list the days out to get the figure.

You are receiving .04 per mile per day per diem deduction. You need to calculate the per diem by day.

Example Day 1.

587 mies driven. This shows a deduction of 23.52. You get an additional write off for the day of 35.48.

After you total all of these days, you then post it on the Form 2106 as stated.

You choose the dot adjustment and get 80% of that figure.

 

That's what I was thinking. If you are not on company per diem, is it $59 a day or $47.20?

 

You always use the proper per diem amount of 59.00. It must be put on the form, because you then take the limit of 80%.

You are correct on the net result, but using it in the context of the thread would having people put the 47.20 in it and then taking the 80%.

 

They list it that way because all others get 50%. It's just a base number.

RM wouldn't he figure the difference of the allowance minus what the company gave him?

 

See post 5

 

Lol, multitasking! Distracted surfing!