Tax bomb ?

My understanding is "employees" paid on W2 can longer utilize the Form 2106

Also, please try and understand, "Per Diem" and the discussion about standard meal allowance deduction are two completely different things. In fact you will be hard pressed to even find "per diem" in the tax code as it relates to individual tax filing.

 

Its sec 1312 sch 2106 on sch of the elimination of the 1040 ex that's the best I can do love turbo tax

 

CPA is what I have used for decades. They are up to date on tax amendments and worth every nickel. CPA goes out of their way to find every possible deduction. tax credit or whatever you call it.
Tax services do the bare minimum to collect their fee.

 

Federal Tax Law Changes Included in the Tax Cuts and Jobs Act

 

Blind leading the blind. Asking on a trucking forum for tax advise is like asking for legal advise in prison.

 

For purely entertainment purposes, I would be interested in your opinion of what the difference is.

 

Per Diem is a plan whereby an employer pays an employee an agreed upon amount, tax free, to help offset certain high costs for the employee in the course if doing a job away from home.

What the recent tax change did was eliminate the ability for a W2 employee to itemize and deduct certain Unreimbursed work related expenses ("per diem" is never even mentioned on the form 2106) in a job that keeps them from home. In particular this was noted as "Meals and Entertainment Expenses", in addition to other expenses such as safety clothing, hotels, phone, etc.

The two have nothing to do with one another. However Per Diem was intended to help those who did not want to itemize and take the Satndard Daily Meal Allowance deduction and other expenses on form 2106

You could never "deduct Per Diem" because there never was such a deduction.

 

Wow